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FSU Oil Trade in September 2012

Source: OPEC 10/23/2012, Location: Asia

In August, total crude oil exports from the FSU increased by 74 tb/d or 1.2% to average 63 mb/d. Crude exports through Russian pipelines rose by 271 tb/d or 6.7% to average 43 mb/d. Crude exports from the Black Sea, the Baltics and Druzhba were up in August by 12%, 6.1% and 7.2% respectively, while those from Kozmino ended the month flat from a month earlier. Outflows by Russian rail saw a decline of 100 tb/d or 80.6% from last month. Similarly, Kazakh rail supplies fell by 98 tb/d or 86.7% in August. The Caspian and CPC blends dropped from last month by 74 tb/d and 30 tb/d. On the other hand, total product exports increased in August by 460 tb/d or 16.6% to average 32.4 mb/d. All product exports rose by between 8% and 39% from the previous month, with the only exception being jet fuel, which fell by 7.7%.

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