Russia's ESPO blend crude oil exports from Kozmino port in the far east are expected to increase to 4.3mln tonnes in May (prev. 4.1mln in April), according to traders

The anticipated increase in Russia's ESPO blend crude oil exports to 4.3 million tonnes in May indicates stronger supply dynamics from the region.

Newsquawk StaffPublished 13 May 2026, 16:12 UTCOn the live feed at 15:52 UTC — 8 more headlines followed before this page went public

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15:56

Germany reportedly considering EUR 3bln in subsidy cuts to ease budget strain

15:54

US wants to begin implementing Gaza plan in areas outside Hamas control, Axios Ravid reports

15:52

Russia's ESPO blend crude oil exports from Kozmino port in the far east are expected to increase to 4.3mln tonnes in May (prev. 4.1mln in April), according to traders

15:44

The House Financial Services Committee is taking up a bill that would amend the Federal Reserve Act to eliminate the dual mandate and focus only on price stability

15:39

Libya's NOC Chairman says he expects the Ras Lanuf refinery (220k BPD) to restart in six months to one year

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Context

This uptick could pressure both WTI and Brent prices, particularly if it signifies enhanced market competition or shifts in demand. Traders should consider the geopolitical implications, including potential responses from global oil producers and the impact on broader energy markets.

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