Russian Oil Producers Send First Cargoes Of CPC Blend to UAE, Opening Up New Route For Exports - Reuters

(Updated - September 20, 2023 9:53 AM EDT)

Russian Oil Producers Send First Cargoes Of CPC Blend to UAE, Opening Up New Route For Exports - Reuters

• Russian oil producers supplied their first cargoes of CPC Blend crude to the United Arab Emirates in August and September - traders.
• Moscow has found new markets for its oil despite sanctions imposed by G7 countries.
• Russia has rerouted most of its oil to China, India and Turkey over the past year, and has also sent cargoes to countries including Brazil, Sri Lanka and Pakistan.

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