Categories: World

Med crude-Urals diffs stable, Russia's western port oil exports up 25% in Sept vs Aug

Published by TSG Syndication

MOSCOW, Oct 1 (Reuters) - Urals crude differentials to dated Brent held steady on Wednesday, while oil loadings from Russia's three key western ports jumped by 25% in September from August, as refinery outages caused by Ukrainian drone attacks freed up more crude. September exports via the western ports of Primorsk, Ust-Luga and Novorossiisk rose by 500,000 barrels per day (bpd) from August to some 2.5 million barrels per day, according to sources and Reuters estimates. PLATTS WINDOW * No bids or offers were made for Urals, Azeri BTC or CPC Blend in the Platts window on Wednesday. NEWS * Russian firefighters have brought under control a fire at a major oil refinery in the Yaroslavl region northeast of Moscow, the local emergencies ministry said on Wednesday. * The Organization of the Petroleum Exporting Countries secretariat on Wednesday announced it has received updated compensation plans from Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan and Oman. * Russian Deputy Prime Minister Alexander Novak said on Wednesday the situation with supply of fuel on the domestic market is under control on the whole, while some regions are experiencing shortages of the fuel. (Reporting by Reuters; Editing by Richard Chang) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
TSG Syndication
Published by TSG Syndication