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Oil Trade
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OPEC Monthly Oil Market Report – June 2016
Total exports from the
Russian Far East
were down by 35 tb/d, or 8%, from the
previous month.
Total exports from the
Black Sea
dropped by 226 tb/d as a result of lower shipments
from the Novorossiysk port terminal, which decreased by 238 tb/d from the month
before. In the
Mediterranean Sea
, Baku-Tbilisi-Ceyhan supplies dropped from the
previous month by 39 tb/d, or 6%, to average 593 tb/d.
As to products,
total FSU product exports
dropped by 410 tb/d, or 12%, from the
previous month to average 3.4 mb/d. This came as a result of a drop in all exports, with
the exception of vacuum gas oil.