Key Russia Oil Flows Halt, Probably Maintenance-Related

December 16, 2022, 3:38 PM UTC

Exports of Russian flagship Urals crude have been halted for four days at its biggest port in Baltic Sea, probably due to planned maintenance at the terminal.

A tanker is scheduled to load the nation’s flagship Urals grade at the Baltic Sea port of Primorsk later on Friday, according to port information seen by Bloomberg. That will end a four-day hiatus that began on Dec. 12, tanker tracking data show.

The market is poring over every detail of Russia’s export program following aggressive G-7 sanctions that began Dec. 5 targeting Moscow’s petroleum revenues. However, the pause fits a pattern of ...

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