Chevron’s Kazakh Oil Output Hit in Raging Black Sea Storm

Crude oil loadings at key Black Sea ports in Russia and Ukraine continue to be halted amid a raging storm that has left an estimated two million people without power, according to Agence France Presse.  Hurricane level winds, massive snowfall and heavy rain shut down electricity lines and led to major flooding. Train transport along the Russian Black Sea coast has also been halted after tracks fell into the sea.  The regional storm has affected the Caspian Pipeline Consortium (CPC) oil terminal on Russia’s portion of the Black Sea,…