Data shows that Russian crude oil exports fell sharply in the final weeks of 2025 and into the new year. Prices fell for the 14th consecutive week, and combined with shrinking shipment volumes, this brought total exports to their lowest level since the outbreak of the Russia-Ukraine conflict in February 2022. Over the four weeks ending January 4, Russia exported an average of 3.43 million barrels of crude oil per day. This figure represents a decrease of approximately 440,000 barrels compared to the same period ending December 21, primarily due to a decline in shipments from Kozmino, a key Pacific port. Export volumes have been highly volatile, significantly influenced by weather conditions, sanctions, and shipping schedules. Vessel tracking data and port agent reports indicate that during the week ending January 4, a total of 30 tankers loaded 21.46 million barrels of Russian crude oil. This figure is lower than the 23.59 million barrels loaded by 32 vessels in the previous week. On a daily average basis, shipments for the week ending January 4 fell to 3.07 million barrels per day, a decrease of approximately 290,000 barrels per day from the previous week and 980,000 barrels per day from the week ending December 21. This decline brought the figure to its lowest level since August of last year.