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Azeri light oil exports from Ceyhan to rise by 3.6 pct m/m in Dec

Azeri light oil exports from Ceyhan to rise by 3.6 pct m/m in Dec
10.11.2016 09:30
Azeri light AZR-E oil exports from the Turkish port of Ceyhan are set to rise by 3.6 percent month-on-month in December to 0.634 million barrels per day, according to a loading schedule obtained by Reuters.

In December, Ceyhan will load 19.65 million barrels of Azeri light compared to 18.35 million barrels scheduled for November.

Azeri light differentials remain under pressure, as November barrels are slow to clear due to low demand from refiners and abundant supplies of alternative light grades to the region.

At least six cargoes of Azeri light for loading in November have yet to find a home with end buyers, traders said on Tuesday.



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