Crude loadings from Russia's Novorossiisk port to build in February

Oil

Loadings of Urals, Kazakhstan Export Blend Crude Oil (KEBCO), and Siberian Light crude from Russia’s Novorossiisk port in the Black Sea are expected to increase to 2.38MT in February, up from 2.18MT in January, according to Reuters. Novorossiisk is also set to load 0.28MT of crude from the January loading plan, with two Suezmax shipments being carried over into February.