Russian Oil Exports Surge as Black Sea Port Returns to Full Capacity
Russian crude loadings from Novorossiysk jumped to full capacity, adding 370,000 b/d and pressuring Brent prices as the global surplus widens.
Russian crude loadings from Novorossiysk jumped to full capacity, adding 370,000 b/d and pressuring Brent prices as the global surplus widens.
Brazil floods global markets with discounted soy oil after biodiesel mandate delay, sinking soybean oil futures and reshaping global vegoil trade flows.
Operational halts at Russia’s Novorossiysk port due to drones and storms slash crude exports, stoking oil-supply fears and pushing Brent prices higher.
Saudi oil exports to China set for deep June plunge as OPEC+ cuts and Russian discount barrels reshape Asian crude trade flows.
Brazil, Latin America’s largest economy, recorded record export receipts in May 2026 after oil prices spiked, reinforcing its position as a top…