Russian Crude Exports from Baltic Ports See 50% Hike In January

Russian Crude Exports from Baltic Ports See 50% Hike In January

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As Asian oil demand increases, Russian crude oil loadings from Baltic ports are on track for a 50% hike from December to January, Reuters reports, citing its own data combined with trader insights. Russian Urals and KEBCO crude oil loadings specifically from the ports of Primorsk and Ust-Luga will experience the increase, Reuters said, adding that the bulk of those loadings (some 70%) will head to India. In December, Russia loaded 4.7 million tonnes of Urals and KEBCO from the Baltic ports, Reuters said, citing Refinitiv data.Russia now accounts…

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