Med crude-Urals diffs stable, Azeri BTC loadings from Ceyhan port resume

Kitco Media
By Reuters
Published:
Updated:
Reuters
MOSCOW, Feb 13 (Reuters) - Urals crude oil differentials to dated Brent were unchanged on Monday, while Azeri BTC oil loadings from Turkey's Ceyhan port resumed after a week-long suspension due to the earthquakes. The Nordlotus sailed from Turkey's Ceyhan oil export hub loaded with Azeri crude on Monday, the first such shipment since earthquakes hit the region on Feb. 6, according to ship-tracking data and a trading source. Russia's State Duma introduced a bill late on Saturday setting discounts for Russian oil exports, according to the lower house of parliament's website. Under the draft proposal, the discount on dated Brent oil will be limited to $34 per barrel in April, declining to $31 in May, $28 in June and $25 in July. PLATTS WINDOW
* No bids or offers were made for Urals, Azeri BTC or CPC Blend in the Platts window on Monday, traders said. NEWS
* Venezuela will contract with an Iranian shipyard to build two oil tankers under an existing construction agreement bedeviled by payment delays and difficulties with needed certifications, according to people familiar with the matter and documents. (Reporting by Reuters Editing by Matthew Lewis)
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