CPC Blend lower after deal, Azeri BTC loadings set to rise in June vs May

Urals crude differentials were stable on Wednesday, while CPC Blend oil eased further to dated Brent after a deal and remained at the lowest levels in two months.
Azeri BTC crude oil exports from Turkey’s Ceyhan terminal are set at 18.40 million barrels in June compared with 16.50 million barrels in May, according to a loading schedule seen by Reuters.
CPC Blend’s loading plan for June is expected to be released later this week or early next week.
PLATTS WINDOW
Azerbaijan’s SOCAR sold to Petroineos 88,000 metric tons of CPC Blend loading from Yuzhnaya Ozereyevka on May 29 – June 2 at minus $4.00 per barrel to dated Brent. That was down $0.25 from SOCAR’s offer on Tuesday.
No bids or offers were made for Urals and Azeri BTC crude in the Platts window on Tuesday.
NEWS
The Greek navy on Wednesday extended an advisory effectively banning ship traffic off the coast of the southeastern Peloponnese that two sources said was aimed at deterring ship-to-ship transfers of Russian oil off Greece.
Source: Reuters (Reporting by Reuters, Editing by Mark Potter)