Med crude-Urals diffs steady in muted trade

Kitco Media
By Reuters
Published:
Updated:
Reuters
MOSCOW, March 6 (Reuters) - Urals crude differentials were stable on Monday in muted trade, as loading plans for the full month of March were slow to emerge, traders said.
* The United Arab Emirates has been taking more cargoes of Russian crude oil, according to ship tracking data and trading sources, in another example of how Western sanctions on Russia have adjusted traditional energy trade flows.
* Poland's PKN Orlen will demand compensation after Russia halted oil deliveries to Poland via the Druzhba pipeline, Chief Executive Officer Daniel Obajtek said on Monday without giving further details. PLATTS WINDOW
* No bids or offers were made for Urals, Azeri BTC or CPC Blend in the Platts window on Monday, traders said. NEWS
* Russia's federal budget deficit widened to 2.58 trillion roubles ($34.19 billion) in the first two months of the year as Moscow sharply raised expenditure while revenue fell amid slumping oil and gas takings. (Reporting by Reuters; Editing by Mark Porter)
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