BR100 Decreased By (-0.94%)
BR30 Decreased By (-1.04%)
KSE100 Decreased By (-0.73%)
KSE30 Decreased By (-0.85%)
AGHA 7.67 Decreased By ▼ -0.14 (-1.79%)
BECO 5.14 Decreased By ▼ -0.07 (-1.34%)
BML 57.49 Decreased By ▼ -0.01 (-0.02%)
BOP 33.91 Decreased By ▼ -0.12 (-0.35%)
CNERGY 9.95 Decreased By ▼ -0.01 (-0.1%)
CSIL 5.25 Decreased By ▼ -0.06 (-1.13%)
FCCL 53.13 Decreased By ▼ -1.57 (-2.87%)
FFL 16.60 Decreased By ▼ -0.09 (-0.54%)
FNEL 1.22 Decreased By ▼ -0.01 (-0.81%)
KEL 7.28 Decreased By ▼ -0.12 (-1.62%)
KOSM 5.86 Increased By ▲ 0.09 (1.56%)
LOTCHEM 29.10 Decreased By ▼ -0.22 (-0.75%)
MLCF 92.30 Decreased By ▼ -2.06 (-2.18%)
NBP 201.04 Decreased By ▼ -2.01 (-0.99%)
NCPL 56.70 Decreased By ▼ -0.30 (-0.53%)
NPL 66.89 Decreased By ▼ -0.81 (-1.2%)
OGDC 314.03 Decreased By ▼ -1.81 (-0.57%)
PACE 10.53 Decreased By ▼ -0.11 (-1.03%)
PAEL 42.13 Decreased By ▼ -1.07 (-2.48%)
PIBTL 16.47 Decreased By ▼ -0.27 (-1.61%)
PPL 217.50 Decreased By ▼ -2.28 (-1.04%)
PRL 50.75 Increased By ▲ 1.56 (3.17%)
PTC 69.76 Decreased By ▼ -0.77 (-1.09%)
SSGC 27.00 Decreased By ▼ -1.25 (-4.42%)
TBL 9.77 Decreased By ▼ -0.09 (-0.91%)
TELE 8.69 Decreased By ▼ -0.10 (-1.14%)
TPL 18.21 Decreased By ▼ -0.03 (-0.16%)
TPLP 13.45 Increased By ▲ 0.18 (1.36%)
TREET 22.54 Decreased By ▼ -0.18 (-0.79%)
TRG 59.71 Decreased By ▼ -0.43 (-0.71%)
Markets

Med crude-Urals diffs inch up in NWE, stable in Mediterranean

Published Updated

MOSCOW: Urals crude differentials in northwest Europe inched up on Monday in a spot tender, while in the Mediterranean the grade steadied after a spike on Friday.

* In the Platts window, Trafigura offered 100,000 tonnes of Urals loading from Baltic ports on Dec. 10-14 at flat to dated Brent, but withdrew.

* There were no bids or offers for Urals, Azeri BTC and CPC Blend in the Mediterranean on Monday.

* Russia's Surgutneftegaz sold in a spot tender to Total 100,000 tonnes of Urals crude oil for loading from the port of Ust-Luga on Dec. 5-6.

* The cargo was awarded at dated Brent minus $0.15-$0.20 a barrel, when adding freight to the original FOB-basis price, according to trade sources. That was up by 5-10 cents a barrel from Urals assessments on Friday.

* The tender closed on Nov. 19 at 1400 Moscow time (1100 GMT).

* Russian Energy Minister Alexander Novak said on Monday that the country was planning to sign a partnership agreement with the Organization of the Petroleum Exporting Countries (OPEC) and that it would be discussed at OPEC's Dec. 6 meeting.

Copyright Reuters, 2018
 

 

 

 

Comments

Comments are closed for this article.