Med crude-Urals diffs steady, Black Sea's CPC Blend oil terminal and pipeline operational after drone attack

Novorossiysk Commercial Sea Port PAO

31/07/2026 19:16

MOSCOW, July 31 (Reuters) - Kazakhstan's main oil export terminal in the Black Sea is loading ships and the pipeline is currently flowing on Friday, one day after Ukrainian drones hit two vessels at and near the terminal at Russia's Novorossiysk port.
The Caspian Pipeline Consortium, which owns the terminal and pipeline that carries Kazakh oil across Russia to the Black Sea, said on Thursday it had suspended oil loadings following a drone attack on a tanker.
Urals oil cargoes for loading in August continued to trade at steady price levels in Asia, traders said.
     
PLATTS WINDOW
There were no bids or offers on Friday for Urals, CPC Blend and Azeri BTC, traders said.
NEWS 
Tengizchevroil, the operator of the giant Tengiz field in Kazakhstan, has resumed oil exports via the Georgian port of Batumi for the first time since March.
Russia has imported a seaborne cargo of about 30,000 metric tons of AI-92 gasoline from Morocco.
A sanctions-hit tanker Caroline Bezengi, that took Russian crude on board at the Black Sea port of Novorossiysk before leaving for its most recent voyage, is leaking oil off the coast of Oman and the spill has spread in recent days.

 (Reporting by Reuters)