Urals diffs steady, Ust-Luga oil loadings set to rise over Feb 1-10 m-o-m

Urals crude differentials to dated Brent were steady again on Friday, while oil loadings from Russia’s Baltic port of Ust-Luga early in February were set to rise month-on-month, market sources said.

This is up by 11% on a daily basis, Reuters calculations showed.

Urals, KEBCO and Siberian Light loadings from Primorsk and Novorossiisk ports for Feb. 1-10 were slow to emerge.

PLATTS WINDOW

No bids or offers were made for Urals, Azeri BTC or CPC Blend in the Platts window on Friday, traders said.

NEWS

Belarus will raise oil transportation tariffs via the Druzhba pipeline by 9% from Feb 1.
Source: Reuters