Advertisement
UK markets closed
  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     
  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     
  • AIM

    789.87
    +6.17 (+0.79%)
     
  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     
  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     
  • Bitcoin GBP

    48,725.72
    -1,385.60 (-2.77%)
     
  • CMC Crypto 200

    1,261.43
    -96.58 (-7.12%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • DOW

    39,512.84
    +125.08 (+0.32%)
     
  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     
  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     
  • DAX

    18,772.85
    +86.25 (+0.46%)
     
  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     

Med Crude-Urals diffs down in NWE in anticipations of ample supplies in Sept

MOSCOW, Aug 18 (Reuters) -

* Urals crude differentials to dated Brent in northwest Europe were down on Friday in anticipation of ample supplies in September, traders said.

* They expect to see an extended loading plan for September early next week with higher supplies from Primorsk and Ust-Luga compared with the August lifting schedule.

* In the Platts window Vitol sold to Eni (LSE: 0N9S.L - news) 80,000 tonnes of Urals for loading from Novorossiisk on Sept. 1-5 down to dated Brent minus $0.40 a barrel, traders said. That was in line with the latest estimates for the grade in the region (BFO-URL-E)

ADVERTISEMENT

* Litasco offered a cargo of the same size for Sept. 1-5 loading at minus $0.10 a barrel.

* In the Baltic Vitol offered a 100,000-tonne cargo of Urals for Aug. 30 - Sept. 3 down to minus $0.45 a barrel to dated Brent.

* Glencore (Frankfurt: 8GC.F - news) offered a cargo of the same size on Aug. 28 - Sept. 1 down to minus $0.55 a barrel without finding a buyer.

* Urals ex-Primorsk and Ust-Luga was assessed at a discount of some 40-50 cents a barrel to dated Brent on Thursday.

* In CPC Blend Glencore offered 135,000 tonnes of the grade for Aug. 28 - Sept. 1 loading down to minus $0.60 a barrel.

* There were no bids or offers for Azeri BTC and Siberian Light in the Platts window on Friday.

* Oil loadings from the Russian Black Sea port of Novorossiisk have resumed after a storm, Russia's oil pipeline operator Transneft said on Friday. [nR4N1KU02O

* Russia's Surgut will likely place two 100,000-tonne cargoes for loading early in September with term buyers instead of calling spot tender, Reuters sources said, but it couldn't be verified. (Reporting by Gleb Gorodyankin; Editing by Greg Mahlich) ))