fact. The impact of the US elections on the price of Kazakh oil. remark. The main Kazakh export grade CPC blend, shipped at the CPC marine terminal near Novorossiysk, started to fall in price following Brent. The process is taking place against the backdrop of the Republican Party losing control of the US Congress after the mid-term elections. Given the upcoming change of legislative authority in the United States, investors are betting on a quick end to the armed conflict between Washington and Tehran, followed by the normalization of the production and supply of oil from the Middle East, for which the CPC mix was an alternative.

fact. The impact of the US elections on the price of Kazakh oil. remark. The main Kazakh export grade CPC blend, shipped at the CPC marine terminal near Novorossiysk, started to fall in price following Brent. The process is taking place against the backdrop of the Republican Party losing control of the US Congress after the mid-term elections. Given the upcoming change of legislative authority in the United States, investors are betting on a quick end to the armed conflict between Washington and Tehran, followed by the normalization of the production and supply of oil from the Middle East, for which the CPC mix was an alternative.