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Tuesday, October 20, 2026Updated 19:36 UTC

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Russia’s Oil Export Revenue Slides as Production Declines

Source: OilPrice.com · Oct 20, 2026 16:30 UTC

Oil refinery towers and pipes with a city skyline in the distance — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Russia’s seaborne crude exports fell to their lowest four-week average in a month after shipments from the Baltic port of Primorsk stopped for several days, according to tanker-tracking data compiled by Bloomberg. Exports averaged 3.59 million barrels per day in the four weeks through October 18, down 110,000 bpd from the previous period. Weekly shipments fell 390,000 bpd to 3.13 million bpd, the

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