Strikes Create 2.5M bpd Bottleneck for Russian Oil Exports

Magyar says recent strikes on Ust-Luga, Primorsk, Kirishi and Yaroslavl created a 2.5M bpd bottleneck for Russia’s oil export and refining. He breaks it down as 1.9M bpd of stopped transshipment at Ust-Luga and Primorsk plus 650k to 700k bpd from Kirishi and Yaroslavl.

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