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Caspian CPC Loadings Altered by Storm Disruption Last Week

OIL

The Caspian CPC crude loading program for December has been altered after loadings were halted due to storms for almost a week according to Bloomberg sources.

  • The previous estimate for the CPC loadings for December was at 1.4m-1.5m b/d, according to Bloomberg sources on Nov 10. The actual revised loading program is not yet available.
  • Volumes on most Aframax cargoes have been increased while some were deferred to early January. Most Suezmax cargoes have been delayed by 3-5 days.

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