Urals crude differentials to dated Brent were unchanged again on Friday, while Kazakhstan plans lower exports of its KEBCO oil grade via Druzhba pipeline in July, Kaztransoil said.

Kazakhstan’s state pipeline company KazTransOil will reduce oil exports to Germany via the Druzhba pipeline through Russia in July by 19% from June on a daily basis, it said in emailed comments to Reuters on Friday.

Kazakhstan exports its KEBCO oil, which has same quality as Russian Urals oil, but different origin, via Ust-Luga and Novorossiisk ports as well as via Druzhba pipeline to Germany.

Russia’s ESPO Blend oil exports from the far eastern port of Kozmino were revised up by 0.3 million metric tons to 4.2 million tons (1 million barrels per day) in July, two industry sources said on Friday.

Traders expected Azeri BTC oil loading plan for August to emerge early next week.

July Azeri BTC crude oil exports from Turkey’s Ceyhan terminal were set at 19.19 million barrels.

PLATTS WINDOW

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

NEWS

Russia’s gasoline production is expected to rise by between 15,000 and 20,000 metric tons in the last third of July as two refineries restart operations, the energy ministry said on Friday.
Source: Reuters (Reporting by Reuters; Editing by Shailesh Kuber)