Med crude-Urals diffs stable in quiet trade

Kitco Media
By Reuters
Published:
Updated:
Reuters
MOSCOW, May 9 (Reuters) - Urals crude differentials to dated Brent were stable on Tuesday, while most of the cargoes from the May loading plan had found buyers, traders said.
* China's crude oil imports fell in April to the lowest level since January, customs data showed on Tuesday, as high inventories, refinery maintenance and a weaker domestic economic rebound weighed on demand. PLATTS WINDOW
* No bids or offers were made for Urals, Azeri BTC or CPC Blend in the Platts window on Tuesday, traders said. NEWS
* Oil prices edged higher on Tuesday, reversing a more than 2% drop earlier in the session, as markets weighed U.S. government's plans to refill the nation's emergency oil reserve and anticipated higher seasonal demand. (Reporting by Reuters; Editing by Lisa Shumaker)
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.