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Urals Loadings From Russia’s Baltic Ports Hits 3-Month Low in May

OIL

Urals crude loading from Russia’s two Baltic ports are set to fall to 6.4m mt, or 1.51m b/d in May, according to Bloomberg.

  • This will represent the lowest monthly total since February and is down from 1.71m b/d in April.
  • Primorsk loadings are planned at 3.6m mt in May, compared to 4.2m mt in April.
  • Ust-Luga exports of Urals are seen at 2.8m mt in May, stable on April.
  • Urals and Siberian Light grade exports from Novorossiysk are seen at 2.3m mt in May.
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Urals crude loading from Russia’s two Baltic ports are set to fall to 6.4m mt, or 1.51m b/d in May, according to Bloomberg.

  • This will represent the lowest monthly total since February and is down from 1.71m b/d in April.
  • Primorsk loadings are planned at 3.6m mt in May, compared to 4.2m mt in April.
  • Ust-Luga exports of Urals are seen at 2.8m mt in May, stable on April.
  • Urals and Siberian Light grade exports from Novorossiysk are seen at 2.3m mt in May.