Med crude-Urals diffs steady in quiet trade

En+ MKPAO

30/03/2022 19:22

March 30 (Reuters) - Urals crude oil differentials to dated
Brent held steady on Wednesday in the absence of spot trading
activity, while sellers were trying to find end buyers for their
April cargoes.
    * April cargoes for loading from Russian Baltic ports have
Rotterdam and ship-to-ship facilities in Europe or Asia as final
destinations, reflecting low demand for Russian oil from
European refiners, traders said.
    * Poland plans to slap an embargo on Russian coal imports by
May
and stop using Russian oil by the end of 2022, its prime
minister said on Wednesday, as Warsaw moves to cut economic ties
with Moscow following the invasion of Ukraine.  urn:newsml:reuters.com:*:nL2N2VX1J7
    * Traders expected several cancellations in the loading plan
for
the first half of the month.

    PLATTS WINDOW
    * There were no offers or bids for Urals, CPC Blend or Azeri
BTC
crude oil in the Platts window on Wednesday.
NEWS

    * Global mining and trading giant Glencore  GLEN.L  said on
Wednesday it had "no realistic way to exit" its stakes in
Russian company En+ Group  ENPLq.L  and state oil firm Rosneft
 ROSN.MM  after reviewing its business ties.  urn:newsml:reuters.com:*:nL2N2VX20B
    * Russia plans to keep a contract price for gas exports to
"unfriendly" countries unchanged but the payment should be made
in the rouble equivalent on a pre-agreed settlement day, as one
of the options to switch the currency, two Russian sources said.
 urn:newsml:reuters.com:*:nL5N2VX5M7


 (Reporting by Reuters; Editing by Kirsten Donovan)