Russia’s Fuel Exports Plummeted in July

Shipments of refined petroleum products out of Russia declined by 6.6% in July from the previous month, Reuters estimates showed on Wednesday, as domestic demand rose and capacity under planned maintenance increased.   Russian seaborne fuel exports fell to 8.67 million metric tons last month, with shipments from the Baltic ports, the Black Sea and Sea of Azov ports, and the Arctic Murmansk and Arkhangelsk ports all down in July compared to June.    Only the fuel shipments from the Far Eastern ports rose in July from a month…