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OIL: October Russian Black Sea Oil Loadings Revised 5% Higher m/m

OIL
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Oil exports from Russia's Black Sea Novorossiisk port were revised higher by 0.22 million metric tons from a previous forecast to 2.42 million tons for October Reuters sources said.

  • Overall oil exports from Russia's western ports, Novorossiisk, Ust-Luga and Primorsk, are now planned at 9.52 million tons or some 2.25 mn bpd – 5% higher m/m.
  • The revision comes as maintenance schedules on several Russian refineries are revised. 
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Oil exports from Russia's Black Sea Novorossiisk port were revised higher by 0.22 million metric tons from a previous forecast to 2.42 million tons for October Reuters sources said.

  • Overall oil exports from Russia's western ports, Novorossiisk, Ust-Luga and Primorsk, are now planned at 9.52 million tons or some 2.25 mn bpd – 5% higher m/m.
  • The revision comes as maintenance schedules on several Russian refineries are revised.