Med crude-Urals diffs steady, Western tankers ramp up Russian oil shipments in Jan

Kitco Media
By Reuters
Published:
Updated:
Reuters
MOSCOW, Jan 31 (Reuters) - Urals crude differentials to dated Brent were steady again on Tuesday, while Western tankers ramped up oil shipments from Russia's Baltic and Black Sea ports in January under price cap.
* EU-owned vessels, primarily from Greece, handled more than 2 million tonnes of Urals crude from Primorsk, Ust-Luga and Novorossiisk ports in January, over a quarter of Russia's exports from these ports.
* The volume moved by EU ships is nearly twice as much as in December, Reuters calculations based on Eikon and information shared by traders showed. PLATTS WINDOW
* No bids or offers were made for Urals, Azeri BTC or CPC Blend in the Platts window on Tuesday, traders said. NEWS
* Russia's Transneft said on Tuesday that oil shipments from Kazakhstan to Germany via the Druzhba pipeline, exempt from Western sanctions, will begin in February, the RIA Novosti news agency reported, citing Transneft.
(Reporting by Reuters; Editing by Shailesh Kuber)
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