Urals, CPC Blend oil loadings from Russia’s Black Sea ports have resumed after storm -sources
Oil loadings from Russia’s Black Sea port of Novorossiisk and from a terminal of the Caspian Pipeline Consortium (CPC) resumed after storm on Nov. 16, two sources familiar with the matter told Reuters.
Crude oil exports and transit from Russia’s Black Sea port of Novorossiisk and CPC terminal had been suspended since November 14.
Russia’s oil loadings from its western ports of Primorsk, Ust-Luga and Novorossiisk have fallen from previous estimates to 2 million barrels per day (bpd) in November as refiners plan to increase runs this month after the end of maintenance season and as Russia eases a ban on fuel exports.
Source: Reuters (Reporting by Reuters; editing by Jason Neely)