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. Last Updated: 07/27/2016

Oil Shipments to Increase 4.5%

Russia is planning to ship 4.5 percent more Urals and Siberian Light crude oil from four Baltic and Black Sea ports next month.

Russia will ship about 2.7 million barrels per day of oil from the Baltic port of Primorsk and from Novorossiysk, Yuzhny and Tuapse on the Black Sea, according to preliminary loading schedules. Exports were originally scheduled to average 2.585 million bpd this month from the four Russian ports.