Russia’s Crude Oil Exports Top Its OPEC+ Target

Russia boosted its crude oil exports in late December and early January and all its Asia-bound cargoes from its Western ports continue to pass through the Suez Canal/Red Sea route, vessel-tracking data monitored by Bloomberg showed on Tuesday.   Russia’s crude oil shipments averaged 3.43 million barrels per day (bpd) in the four weeks to January 14, a rise of 94,000 bpd compared to the four weeks to January 7, according to the data reported by Bloomberg’s Julian Lee.   In the week to January 14, Russian crude exports…