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CPC Flows Sunk in Feb

OIL

At about 1.28m b/d, observed flows of Caspian CPC Blend crude from the terminal near Russia’s Black Sea port of Novorossiysk dropped last month to the lowest in four months because of stormy weather and field maintenance.

  • Flows left at 1.41m b/d in January.
  • About 918k tons of CPC Blend were shipped to Asia in February, the lowest in 15 months, compared with 1.59m tons in January.

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