Moscow — Urals differentials were little changed on Tuesday in muted trade while loadings from Russia’s Baltic Sea ports on Nov. 1-10 were set to fall from levels in first 10 days of October, according to a provisional loading schedule.
Urals loadings from Primorsk and Ust-Luga on Nov. 1-10 will drop to 1.6 million tonnes from 2.0 million tonnes this month, while supplies of Urals and Siberian Light from Novorossiisk will rise to 0.82 million tonnes from 0.54 million tonnes.
Rosneft Trading SA, a subsidiary of Russian oil producer Rosneft, has sold a 100,000 tonne cargo of contaminated oil to energy trader Vitol with a discount of more than $25 per barrel to dated Brent, traders said on Tuesday.
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- Reuters