SOCAR's oil firm in Türkiye resumes purchase of Russian oil

Supplies of Russian flagship Urals crude oil to Türkiye reached a four-month high in February after STAR refinery, owned by Azerbaijan's oil firm SOCAR, resumed purchases of the blend, data showed and four industry sources said on Wednesday, Report informs via Reuters.

According to Refinitiv Eikon ship tracking data, 860,000 tonnes of Urals crude were shipped to Turkish ports last month, up from 620,000 tonnes in January and 370,000 tonnes in December.

Supplies of Russian oil to the 200,000-barrel-per-day STAR refinery resumed in the end of January after a month-long hiatus and reached 100,000 tonnes in January and at least 300,000 tonnes in February, according to the data and industry sources.