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Kozmino Port

Russia’s Spare Oil Export Capacity Running Out as Drones Hit Refineries

By Julian Lee (Bloomberg) — Russia’s ability to divert its crude to the global market is diminishing fast as...

Refinery Attacks Constrain Russia’s Global Oil Diversion Capacity

Russia is facing a rapidly diminishing capacity to divert crude oil to the global market due to successful Ukrainian drone attacks on its refineries,...

Chinese refiners run out of import quotas, dragging down ESPO Blend prices

Premiums for Russia’s ESPO Blend crude oil loading from Kozmino port weakened for November-loading cargoes as independent Chinese refiners, key buyers of the grade,...

NORTH AMERICA INCREASES INSPECTION OF ASIAN GYPSY MOTH (AGM)

Asian gypsy moth (AGM) is a population of gypsy moth in Asia, which is the main forestry pest in the Russian Far East, Japan,...

The EU’s sanctions on Russian oil are unlikely to halt China’s crude purchases: sources

The European Union's latest sanctions on the Kremlin's energy sector have had limited impact on China's purchases of Russian crude, trade, refining, and shipping...

Middle East Crude-Dubai, Murban decline; log weekly gains

Middle East crude benchmark spot premiums in Dubai and Murban declined on Friday, but logged weekly gains due to healthy summer demand and supply...

Asia Distillates: Diesel markets ease; jet fuel cash diffs turn to discount

Asia’s middle distillates market eased slightly on Friday after a few strong sessions, with traders awaiting clearer direction on spot supply for August. Sentiment was...

Freight rates for Russia’s ESPO Blend oil fall to 7-month low, say traders

Freight rates for ESPO Blend crude shipped from the Russian port of Kozmino to China fell to $1.9 million – the lowest level since...
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