January 19, 2023 13:14 GMT
Russian Crude to Turkey Slows
OIL
Turkey has massively reduced imports of Russian crude over the last couple of months according to Petro Logistics.
- Star Refinery decided to stop processing Russian barrels, and Tupras liftings are down ~50% since the November highs.
- Turkey had emerged as a key outlet for Russian crude post sanctions and has intentions to become a hub for Russian gas in the years ahead.
62 words