Med crude-Urals diffs steady, BP Azerbaijan declared force majeure on oil loadings from Ceyhan

Kitco Media
By Reuters
Published:
Updated:
Reuters
MOSCOW, Feb 8 (Reuters) - Urals crude differentials to dated Brent kept stable on Wednesday, while BP Azerbaijan declared force majeure on crude loadings from Turkey's Ceyhan port after a series of earthquakes on Monday.
* The notice was issued to oil shippers following a temporary suspension of loading operations from the Ceyhan Marine Terminal (CMT), BP Azerbaijan spokeswoman Tamam Bayatly told Reuters by email.
* Russia's daily crude oil production so far this month has been in line with January's output of between 9.8 million barrels per day (bpd) and 9.9 million bpd. PLATTS WINDOW
* No bids or offers were made for Urals, Azeri BTC or CPC Blend in the Platts window on Wednesday, traders said. NEWS
* Russian Deputy Prime Minister Alexander Novak said on Wednesday that European Union moves to add what he called "exemptions" to its price cap on oil products showed that Russian oil was still in demand. (Reporting by Reuters; Editing by Christopher Cushing)
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