MOSCOW, April 3 (Reuters) - Urals crude oil differentials to dated Brent
were stable on Monday, while supplies of the grade to ship-to-ship (STS)
facilities in Europe fell sharply last month, traders said and data showed.
* Russian Urals crude oil supplies to STS facilities off European coasts
fell in
March in the face of rising concern from European authorities and as winter ice
receded from Baltic ports, traders said and Refinitiv Eikon data showed.
* Urals oil supplies to Greece's Kalamata fell to only 0.3 million tonnes in
March
from about 1 million tonnes a month on average in January and February,
Refinitiv data showed.
* Urals supplies to Spain's Ceuta enclave on the north coast of Africa
amounted to
a single 100,000-tonne cargo in March, the data shows, compared with a monthly
average of 0.5 million tonnes for January-February.
* Russia's largest oil producer Rosneft and India's top refiner
Indian
Oil Corp agreed to use the Asia-focused Dubai oil price benchmark in
their latest deal to deliver Russian oil to India, three sources familiar with
the deal said.
PLATTS WINDOW
* No bids or offers were made for Urals, Azeri BTC or CPC Blend in the
Platts
window on Monday, traders said.
NEWS
* Surprise new cuts to the OPEC+ group's output targets could push oil
prices
towards $100 a barrel, setting the scene for another clash with the West which
is grappling with higher interest rates, analysts and traders said on Monday.
(Reporting by Reuters; editing by Jonathan Oatis)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.