OPEC Monthly Oil Market Report – November 2017
total crude oil exports
Former Soviet Union
(FSU) dropped by 268 tb/d, or 4%, to
average 6.5 mb/d, while
Russian crude exports
dropped by a slight 23 tb/d, or 1%, to average 4.1 mb/d.
Total shipments from the
dropped, with shipments from Novorossiysk down by 120 tb/d, or 19%,
to average 511 tb/d.
Total Baltic Sea
exports rose by 166 tb/d in September, as shipments from both the Primorsk and the Ust
Luga port terminals increased by 122 tb/d and 44 tb/d, respectively.
total shipments increased by 60 tb/d to average 1.1 mb/d in September.
Exports through the
all declined from the previous month. In the
, the Varandey
offshore platform showed a drop of 46 tb/d, while in the
, the Kalinigrad port terminal showed
slight decline of 3 tb/d.
showed mixed performances in September from a month earlier:
were less by 106 tb/d, or 33%, from the previous month as a result of a drop in exports from the de
Kastri port terminal by 160 tb/d. This drop was offset by an increase from the Aniva bay port terminal, which
increased its exports by 55 tb/d from a month before to average 149 tb/d.
at 253 tb/d, up by 10 tb/d.
FSU total product exports
showed minor changes from the previous month to average 2.6 mb/d. Despite
stable average volumes, product exports saw declines in exports of gasoline and fuel oil, while exports of
naphtha and VGO increased by 74 tb/d and 63 tb/d, respectively.