MOSCOW, May 4 (Reuters) - Urals crude differentials to
dated Brent remained stable on Thursday, while Russia is
expected to increase seaborne oil exports from its western ports
this month to a four-year high.
* Oil exports from Russia's main western outlets, Primorsk,
Ust-Luga and Novorossiisk, will reach a combined 2.42 million
barrels per day (bpd) this month, slightly up from 2.38 million
bpd last month, according to Reuters calculations based on data
provided by the sources.
* Russia was abiding by its voluntary pledge to cut oil
output by
500,000 barrels per day (bpd) from February until the end of the
year, Deputy Prime Minister Alexander Novak said on Thursday.
PLATTS WINDOW
* No bids or offers were made for Urals, Azeri BTC or CPC
Blend in
the Platts window on Thursday, traders said.
NEWS
* Russia's second-largest oil producer Lukoil on Thursday
said its
subsidiary LITASCO had completed the sale of the ISAB oil
refinery in Sicily to Cypriot private equity firm G.O.I. Energy
following its approval by Italian authorities.
* India and Russia have suspended efforts to settle
bilateral
trade in rupees.
(Reporting by Reuters; Editing by Mark Porter)
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