Urals crude differentials to dated Brent were little changed on Friday, while Russia’s oil export plans for September may be revised following a drone attack on the Ryazan oil refinery, operated by the Rosneft oil company.

Ryazan has suspended operations at its major crude distillation unit CDU-6 due to a fire caused by a drone attack, two industry sources told Reuters on Friday.

India will continue to buy Russian oil as it proves economical, its finance minister said on Friday, despite the Trump administration’s decision to impose heavy import tariffs on Indian goods due, in part, to its energy purchases from Moscow.

The European Union is sticking to its plans to phase out Russian oil by 2028, the bloc’s energy chief told Reuters on Friday, adding that he had not faced pressure from Washington to bring forward the deadline.

Oil flows through the Druzhba pipeline to Germany’s PCK refinery are expected to return to normal by the end of this week following the repair of damages, Rosneft Germany, the refinery’s largest shareholder, said on Thursday.

PLATTS WINDOW
No bids or offers were made for Urals, Azeri BTC or CPC Blend in the Platts window on Friday.

NEWS

President Volodymyr Zelenskiy said on Friday that Ukraine would continue to respond to Russian attackson its energy facilities, despite criticism from Slovakia and Hungary, which have suffered Russian oil supply disruptions as a result.
Source: Reuters