Med crude-CPC Blend diffs firm to premium vs Brent amid good demand

Novorossiysk Commercial Sea Port PAO

14/09/2026 20:54

MOSCOW, Sep 14 (Reuters) - CPC Blend oil differentials firmed to premium to dated Brent as good demand for oil in Mediterranean supported the grade's values, traders said.
Premiums for Azeri BTC crude oil firmed to over $10 per barrel earlier this week as European and Asian refiners actively purchased the grade due to lack of supply from the Middle East, where military action complicated loadings and shipments.
PLATTS WINDOW
Total bid for 130,000 tons of CPC Blend loading on Oct. 10-14 at dated Brent plus $0.20 per barrel, but failed to find a seller.
There were no bids or offers on Tuesday for Urals or Azeri BTC, traders said.
NEWS 
Caspian Pipeline Consortium (CPC) increased its oil exports in August by 22% from the previous month to 6.288 million metric tons, or 1.6 million barrels per day (bpd), as loadings stabilised amid lower attacks on tankers, two industry sources told Reuters.

(Reporting by Reuters; editing by David Gaffen)