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Black Sea CPC Blend oil exports declined to 1.6 million bpd in April, sources say
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Black Sea CPC Blend oil exports declined to 1.6 million bpd in April, sources say
May 26, 2025 8:33 AM

MOSCOW, May 15 (Reuters) - Black Sea CPC Blend oil

exports in April were at 1.6 million barrels per day, or 6.093

million metric tons, down from 1.7 million bpd in March, two

sources familiar with the data said on Thursday.

The Caspian Pipeline Consortium, which exports Kazakhstan

and Russia's oil from the Black Sea, does not comment on its

operational results.

According to sources, April shipments comprise 5.523 million

tons of Kazakhstan-originated oil from 5.942 million in March,

and 0.570 million tons originated from Russia, compared to 0.660

million tons in March.

CPC Blend oil exports were set at 1.5 million bpd, or about

6 million metric tons, for May, two industry sources said

previously.

Shareholders in the CPC include U.S. majors Chevron ( CVX )

and Exxon Mobil ( XOM ), as well as the Russian state, Russian

firm Lukoil and Kazakh state company Kazmunaigaz

.

(Reporting by Reuters)

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