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Med crude-Urals differentials stable, Azeri BTC oil exports set to decline in November

Monday, 09 October 2023 | 00:00

Urals crude differentials to dated Brent were stable on Friday, while Azeri BTC oil loadings from Turkey’s Ceyhan port were set to decline in November, the loading plan showed on Friday.

Azeri BTC oil loadings from Turkey’s Ceyhan port were set at 17.97 million barrels for November, down from 19.06 million barrels in October, the schedule showed.

On a daily basis Azeri BTC loadings will decline by 2.6% in November compared to October, Reuters calculations showed.

PLATTS WINDOW

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

NEWS

Russia’s government said on Friday it had lifted a ban on pipeline diesel exports via ports, removing the bulk of restrictions installed on Sept. 21.

Indonesia may seek a new partner for state-run Pertamina’s refinery project in Tuban, East Java, due to uncertainty over its partnership with Russia’s Rosneft ROSN.MM, the chief economic minister has said.
Source: Reuters (Reporting by Reuters; Editing by Pooja Desai)

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