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Markets

Russian Q4 crude exports to jump ex-Novo, down in Baltic

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Urals crude blend exports from the Baltic ports of Ust-Luga and Primorsk seen declining by 3.2 percent and 1.5 percent respectively.

The decline in deliveries via the Druzhba pipeline is expected to slow to 1.2 percent in the fourth quarter to 12.74 million tonnes after a 12.5 percent cut in the third quarter.

Copyright Reuters, 2012