On a four-week average basis, Russian seaborne crude exports to January 6 were down by more than 500,000 bpd from a plateau level of about 3 million in the second half of last year according to Bloomberg vessel tracking.

• India, China and Turkey remain the key buyers.
• The quantities on ships that are yet to show a final destination, fell for the fourth straight time in the four weeks to January 6 to average 2.31 mn bpd.