Urals crude oil differentials were steady on Friday, while outright prices for the grade firmed amid a rally in Brent prices, which rose for a fourth consecutive session.

Prices of October Urals crude oil have risen back above $65 a barrel at Russian Baltic and Black Sea ports, or $5 higher than the price cap set by Western nations, Reuters calculations showed on Friday, as the conflict in the Middle East pushed up oil prices.

PLATTS WINDOW

There were no bids or offers for Urals, Azeri BTC or CPC Blend in the Platts window on Friday.

NEWS

Russia’s Prosecutor General has filed a lawsuit against a number of energy major Shell’s units, court documents showed on Friday.
Source: Reuters (Reporting by Reuters; Editing by Sandra MalerEditing by Sandra MalerEditing by Sandra Maler)