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Russian crude exports expected to edge downwards q-o-q in 3Q15

Oil

Russia's crude oil exports in 3Q15 are expected to decline by 0.6% q-o-q to 52.5MT (4.2M b/d), Reuters reports. Exports via Baltic ports are set to average 1.51M b/d, down from 1.56M b/d in the previous quarter. Exports from the Black Sea port of Novorossiysk are scheduled to average 590K b/d, down from 628K b/d in 2Q15. Exports via Kozmino are planned at 510K b/d, down from 524K b/d in the prior quarter.