• 11/25/2024

Urals oil supplies to Turkey jump in Feb as STAR refinery resumes Russian crude imports

Reuters

Reuters exclusively reported that supplies of Russian flagship Urals crude oil to Turkey reached a four-month high in February after STAR refinery, owned by Azerbaijan’s oil firm SOCAR, resumed purchases of the blend. Sea-borne Russian oil supplies are subject to an embargo by the European Union and the price is capped by the West to $60 per barrel over Moscow’s actions in Ukraine.

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https://www.reutersagency.com/en/reutersbest/article/urals-oil-supplies-to-turkey-jump-in-feb-as-star-refinery-resumes-russian-crude-imports/