Med crude-Urals diffs unchanged, Azeri BTC loadings set to decline in January

Equus Mining

08/12/2021 17:09

MOSCOW, Dec 8 (Reuters) - Urals crude oil differentials to
dated Brent were stable on Wednesday in quiet trade, while Azeri
BTC  BFO-AZR  loading plan for January showed a decline in
loadings planned for the next month.
    * Azeri BTC crude oil exports from Turkey's Ceyhan port were
set
at 17.27 million barrels in January compared with 18.28 million
barrels planned for loading in December, the schedule seen by
Reuters showed on Wednesday.  urn:newsml:reuters.com:*:nL8N2ST53E
    * Urals oil cargoes loading in December were mostly placed
with
end buyers, while refiners started to wait for January loading
dates, which may be released early next week, traders said.


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

    * Early winter storms in southern Russia are hampering oil
operations in Black Sea ports, traders said on Wednesday,
delaying cargoes and increasing costs.  urn:newsml:reuters.com:*:nL8N2ST1BI

    * Global commodity trader Trafigura Group made a record net
profit
for a second year running in its 2021 financial year after a
strong performance across divisions and significant energy
market dislocations.  urn:newsml:reuters.com:*:nL1N2ST0JL


 (Reporting by Olga Yagova and Gleb Gorodyankin)
 ((gleb.gorodyankin@thomsonreuters.com;))