Crude oil exports from Russia have decreased slightly while redirecting to Asian markets.
From 2020 to 2024, Russia's crude oil and condensate exports averaged 5.0 million barrels per day. In the first half of 2025, exports dropped to 4.3 million b/d, down from 4.8 million b/d in 2024. This decline is attributed to sanctions following Russia's invasion of Ukraine, leading to a shift in export destinations towards Asia.
ENR Rating: 75/100 | Sentiment: 0.2
Sectors: oil, policy
Regions: Asia, EU