Russian oil flows hold fast even as Kremlin says output slashed

Russia’s output reduction has yet to materialize in cargo data. Imports to Europe and Asia remain low.
Photo: Lars Klemmer/AP/Ritzau Scanpix
Photo: Lars Klemmer/AP/Ritzau Scanpix
By Julian Lee, bloomberg news

(Bloomberg) Russia’s seaborne crude flows are holding strong, meaning a pledge by the Kremlin to cut the nation’s production sharply has yet to feed through into supplies to the international marketplace.

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