Shipspotter Stahl
The agency indicates that Russia's exports in June were just over 2.2 million bpd. The overall drop in marine oil supplies worldwide was due to a decrease in July.
Worldwide supply dropped by approximately 586,000 barrels per day to 38.343 million barrels per day in July.
Algeria (with 406,000 bpd in July), Brazil (almost 1.44 million bpd), Qatar (753,000 bpd), Venezuela (451,000 bpd) and additional nations experienced a decrease in oil production.
Nonetheless, this was balanced out by increased outputs from Saudi Arabia (5.87 million bpd) and the US (4.45 million bpd), according to Bloomberg.
source: bloomberg.com
Worldwide supply dropped by approximately 586,000 barrels per day to 38.343 million barrels per day in July.
Algeria (with 406,000 bpd in July), Brazil (almost 1.44 million bpd), Qatar (753,000 bpd), Venezuela (451,000 bpd) and additional nations experienced a decrease in oil production.
Nonetheless, this was balanced out by increased outputs from Saudi Arabia (5.87 million bpd) and the US (4.45 million bpd), according to Bloomberg.
source: bloomberg.com
