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Med crude-Urals diffs stable, CPC Blend rises on strong bid



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MOSCOW, July 16 (Reuters) -Urals crude differentials to dated Brent kept steady on Tuesday, while CPC Blend firmed on strong bid in the afternoon trading window, market sources said.

Traders expect activity in Urals to pick up in coming days as provisional lifting dates for the first days August for Russia's western ports are due to emerge shortly.

PLATTS WINDOW

  • OMV bid for 90,000 tonnes of CPC Blend for loading on Aug. 14-18 up to dated Brent minus $0.75 a barrel without finding a seller.

  • No bids or offers were made for Urals or Azeri BTC crude in the Platts window on Tuesday.

NEWS

  • Indian private oil refiner Nayara Energy, part-owned by Russian oil major Rosneft, is planning to shut a delayed coker and some other units at its 400,000 barrel per day (bpd)refinery in Vadinar for maintenance for about three weeks from end-August or early September.

  • The Mozyr oil refinery, one of two large oil processing plants in Belarus, is getting back on track following outages due to a storm on Sunday, local media reported on Tuesday.



Reporting by Reuters;
Editing by Sandra Maler

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