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Russia's Baltic crude exports slip in October but Black Sea volumes surge

Oil

Russian Urals crude oil exports from its Baltic ports of Primorsk and Ust Luga in October are set to fall by 54K b/d m-o-m to 1.5M b/d, Reuters reports. In contrast, Russia's crude exports from the Black Sea port of Novorossiysk are set to substantially increase, rising 112K b/d m-o-m to 603K b/d.