MOSCOW, Feb 28 (Reuters) - Urals crude differentials
held steady on Tuesday, while Russia's Black Sea port of
Novorossiisk resumed oil loadings after storm.
* As of Feb. 28, the port has berthed for loading two crude
vessels of 140,000 and 80,000 tonnes, according to shipping
sources.
* The port still has to load another three Suezmax vessels
of
140,000 tonnes each and one Aframax of 80,000 tonnes from
loading plan for this month, but these volumes will be carried
forward to March, the sources added.
* Urals crude exports to China from Russia's Western ports
rose in
February month on month on lower freight costs and rising
demand, Reuters sources said.
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 500,000 barrel-a-day cut to its oil production,
starting in March, is designed to balance the oil market in the
face of a global surplus, the head of Russia's Gazprom Neft oil
company said on Tuesday.
* Russia's oil production reached the pre-sanctions level
for the
first time in February, the Kommersant business daily reported,
citing sources.
(Reporting by Reuters; Editing by Mark Porter)
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