Storm Halts Russian Exports from Black Sea

Russia's Black Sea port of Novorossiisk halted oil exports on Monday due to storm, while the loadings are not expected to resume before Friday, port sources said.

"The wind is very strong there. Looks like it (stoppage) will last till Friday," a source said.

Another source said that a sea wave as high as four meters was detected near the terminal for Caspian Pipeline exports. Shipments of oil product exports via neighbouring port of Taman have also been suspended, according to a port source.

Reporting by Gleb Gorodyankin