Russian Urals Oil Supplies to Turkey Reach Lowest Level in Nearly 18 Months
Data and trader reports indicate Russian Urals crude deliveries to Turkey fell in May to the lowest volume recorded in almost one and a half years. The decline follows earlier monthly figures that had already shown reduced flows.
jpost.comRussian Urals crude oil supplies to Turkey declined in May to the lowest level in almost one and a half years, according to data and statements from traders. The reduction marks a continuation of lower volumes observed in prior months. Market participants tracking tanker movements reported the drop through standard shipping records.
Industry data compiled from port arrivals and cargo manifests showed the May total below previous comparable periods. Traders cited the same records when describing the volume as the smallest since late 2024. No official explanation for the change was included in the reported figures. Market participants continue to monitor subsequent loadings for any shift in the pattern.
Key Facts
Potential Impact
- 01
Lower volumes may prompt Turkish buyers to seek alternative crude suppliers.
Transparency Panel
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