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Kazakhstan renames its export oil to avoid Russia sanctions risk | Hellenic Shipping News Worldwide

Kazakhstan is changing the name of the oil it exports via Russian sea ports to Kazakhstan Export Blend Crude Oil (KEBCO) to dissociate it from oil originating in Russia in order to avoid sanction risks and issues with financing. “Due to recent significant geopolitical changes … and to avoid negative effect of the changes on .

David evansEnergy ministryKazakhstan export blend crude oilKazakhstan energy ministry

Kazakhstan Rebrands Oil Exports As Traders Shun Russian Crude

Kazakhstan is rebranding its oil exports in a bid to avoid the negative effects of the changes on Kazakh oil exports via Russian ports

Russian export blend crude oilKazakhstan export blend crude oilEuropean unionEuropean union

Kazakhstan renames its oil

Four sources in Kazakhstan's oil companies also confirmed the renaming of their barrels

Kazakhstan export blend crude oilExpress tribune

Reuters: Kazakhstan to change name of its oil to distinguish it from Russian

Four sources at Kazakh oil companies involved in transit through Russian.

Kazakhstan export blend crude oilKazakh energy ministry

A Week Of Turmoil For Oil Markets

It was a volatile week for oil prices, with OPEC temporarily bringing prices down before reports of falling inventories brought bullish sentiment back

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