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CPC Year-to-Date Crude Loadings Rose 13% YoY

OIL

Crude oil loadings at the CPC oil terminal on Russia’s Black Sea coast rose to 57.5mn tons, or 1.28mbpd, between 1 January and 24 November, up by 13% year on year, according to a statement from the operator, cited by Bloomberg.

  • That is up from just over 51mn tons for the same period last year.
  • Loadings at the terminal are currently temporarily halted due to a storm alert in the region.

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