Med crude-Urals diffs hold firm in NWE and Med as Jan loading plan shows export cuts

MOSCOW: Urals crude differentials in northwest Europe were firm on Friday in muted trade, with export curbs set for January providing support.

Russian oil exports and transit from Baltic ports and Novorossiisk are set to fall by 12 percent on a daily basis in January to 7.42 million tonnes from 8.41 million tonnes in December, a provisional loading plan seen by Reuters showed on Friday.

Urals loadings from Primorsk and Ust-Luga ports are seen falling by 12 percent in January to 5.3 million tonnes from 6.0 million tonnes in the revised plan for this month, according to Reuters calculations.

Russian Urals and Siberian Light crude oil exports from Novorossiisk were seen at 2.12 million tonnes in January compared to 2.41 million in December, the document showed.

For the Urals crude provisional loading plan for January click on -

* There were no bids or offers for Urals, Azeri BTC and Siberian Light in the Mediterranean on Friday.

* Shell offered 85,000 tonnes of CPC Blend for Jan. 11-15 at minus $0.30 to dated Brent, but withdrew.