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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on February 18, 2025

    Featured image for article about Headlines

    MOSCOW (Reuters) - Oil loadings from Russia's Black Sea port of Novorossiisk were suspended on Tuesday due to a storm, two sources familiar with the matter told Reuters.

    CPC Blend oil loadings from the Caspian Pipeline Consortium (CPC) Black Sea terminal near Novorossiisk continued, unaffected by the storm, the sources added.

    Severe storms in the Black Sea region regularly disrupt up to two million barrels per day of oil exports from Kazakhstan and Russia.

    Oil exports from Novorossiisk in February were revised up by 0.24 million metric tons from an initial plan to 2.25 million tons or some 590,000 barrels per day, two people familiar with the matter said on Monday.

    (Reporting by Reuters; Editing by Jan Harvey)

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