CPC Blend oil loadings from the Caspian Pipeline Consortium (CPC) Black Sea terminal rose to 4.965 million metric tons in November, up from 4.632 million tons in October, but were still below the initial loading plan for November, two industry sources said.

On a daily basis CPC Blend oil loadings from the terminal near Russia’s port of Novorossiisk in November rose by some 11% from October to 1.31 million barrels per day (bpd), Reuters calculations showed.

November is one day shorter than October.

CPC Blend loadings in November were initially set to rise to some 5.4 million tons (around 1.42 million bpd) from 1.07 million bpd in October’s plan.

The Caspian Pipeline Consortium does not usually comment on its monthly loadings.
Source: Reuters (Reporting by Reuters; editing by Jane Merriman)