Big-3’s crude exports dip in December, led by Russia

Crude/condensate exports from the “Big-3” producers (Saudi Arabia, US and Russia) fell in December, led by a sharp drop in Russian-origin exports. A decline in December of key seaborne exports, particularly in the case of discounted Russian crude could be seen as bullish, but this is countered by lingering concerns over weak demand as we …

Scroll to Top