MOSCOW, April 17 (Reuters) - Urals crude oil
differentials to dated Brent were stable in the absence of
public trade, while freight rates for the grade's shipments to
Asia softened, traders said on Monday.
* Freight rates for Urals oil cargoes loading in Baltic
ports
softened both for shipments to Indian and Chinese ports, traders
said.
* Lower transport costs allow Urals oil exporters to improve
profits from export sales, traders said.
* Russia's oil production is forecast to remain stable until
2025,
its Deputy Energy Minister Pavel Sorokin said, while Moscow
plans reserves in order to make its supplies more resilient.
PLATTS WINDOW
* No bids or offers were made for Urals, Azeri BTC or CPC
Blend in
the Platts window on Monday, traders said.
NEWS
* The Group of Seven (G7) coalition will keep a $60 per
barrel
price cap on seaborne Russian oil, a coalition official said,
despite rising global crude prices and calls by some countries
for a lower cap to restrict Moscow's revenues.
* Iraq's federal government and the Kurdistan Regional
Government
(KRG) have ironed out technical issues essential to resuming
northern oil exports from the Turkish port of Ceyhan to
international markets, four sources told Reuters.
(Reporting by Reuters; Editing by Alexander Smith)
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