Russia's Jan crude exports fall 11.3%, China remains largest buyer: CAS data

Russian crude exports shipped by sea fell by double digits in January, according to cargo tracking data, with shipments showing India or China as the destination both falling steeply. The country’s seaborne crude exports dropped to 3.4 million b/d in January 2026, down 11.3% from 3.8 million b/d in December, S&P Global Commodities at Sea data showed. Deliveries to India fell sharply, down 55.2% onRussian crude exports shipped by sea fell by double digits in January, according to cargo tracking data, with shipments showing India or China as the destination both falling steeply. The country’s seaborne crude exports dropped to 3.4 million b/d in January 2026, down 11.3% from 3.8 million b/d in December, S&P Global Commodities at Sea data showed. Deliveries to India fell sharply, down 55.2% onRead More