Bad weather at Russia’s Black Sea port of Novorossiysk is delaying loadings and creating traffic congestion on the straits of the Black Sea leading to the Mediterranean, trading sources told Reuters . Early winter storms have delayed loadings at the Novorossiysk and Yuzhnaya Ozereyevka terminals and disrupted the schedules of crude deliveries of the Urals and CPC Blend grades in November and December, according to the sources. “Weather conditions in Novorossiysk are terrible. Nearly every cargo loading has been delayed,” one source working with the port told Reuters. The loading schedule of the Novorossiysk terminal for last month and this month has been upended, and loadings are one to five days behind the original schedule, the source added. According to traders with knowledge of the Novorossiysk port operations, around 300,000 tons of the Russian crude grades Urals and Siberian Light have been delayed from the loading schedule at Novorossiysk […]