MOSCOW, April 19 (Reuters) - Urals crude oil
differentials to dated Brent were stable on Wednesday, while the
grade's exports were set to rise to a four-year record this
month.
* Oil loadings from Russia's western ports in April will
rise
above 2.4 million barrels per day (bpd) - the highest since
2019, Reuters sources said on Wednesday.
* Urals crude exports from Primorsk in April will reach some
4.4
million tonnes, while Ust-Luga will load 3.0 million tonnes of
Russia's Urals and Kazakhstan's KEBCO crude oil grades, the
sources said.
* Urals, KEBCO and Siberian Light loadings from the Black
Sea port
of Novorossiisk will total some 2.7 million tonnes, they added.
* Most April-loading cargoes of Urals oil were placed with
buyers,
while traders expected May exports of the grade to be quite
ample as well.
PLATTS WINDOW
* No bids or offers were made for Urals, Azeri BTC or CPC
Blend in
the Platts window on Wednesday, traders said.
NEWS
* U.S. crude oil inventories last week fell more than
forecast as
refinery runs and exports rose, while gasoline stockpiles jumped
unexpectedly on disappointing demand, Energy Information
Administration data showed on Wednesday.
(Reporting by Reuters)
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.