Russia’s oil flows are steadily climbing again after months of careful adherence to a pact with Saudi Arabia to keep barrels off the global market.
The nation’s seaborne crude exports rebounded in the seven days to Oct. 15, boosting four-week average flows to their highest in more than three months.
About 3.51 million barrels a day of crude was shipped from Russian ports last week, a rise of about 285,000 barrels a day from the previous seven days, tanker-tracking data monitored by Bloomberg show. That lifted the less volatile four-week average to about 3.36 million barrels a day.
