Free Trial

Russian Crude Loadings at Its Western Ports Ticks Up

OIL

Crude Exports from three major Russian ports on the Baltic and Black Sea look set to increase to 2.03m b/d in March, according to Bloomberg.

  • This is up from 2.03m b/d in Jan and Feb, and 2.11m b/d in December.
  • Urals loading from Primorsk are seen at 3.3m mt, equivalent to 780k b/d. This compares to 834k b/d in February.
  • Urals exports from Ust-Luga are seen at 3m mt, or 709k b/d.
  • Crude loadings from Novorossiysk are forecast at 2.3m mt, equivalent to 544k b/d. This is up slightly from 531k b/d in February.
  • Russian origin cargoes typically constitute 90% of the loadings from these ports.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.