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Med crude-Urals diffs unchanged, exports set to rise slightly in Oct



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MOSCOW, Oct 1 (Reuters) -Urals crude oil differentials were unchanged on Tuesday, while oil exports from Russian western ports were set to rise in October, sources said.

Russia will increase oil exports via its western ports to 2.2 million barrels per day (bpd) in October, up slightly from September, as domestic refineries will increase runs only marginally despite coming out of the peak maintenance season, two trade sources said on Tuesday.

On a daily basis oil loadings from Russian ports of Primorsk, Ust-Luga and Novorossiisk in October will rise by some 3% from September, Reuters calculations showed.

PLATTS WINDOW

  • No bids or offers were shownfor Urals, Azeri BTC or CPC Blend in the Platts window on Tuesday.

NEWS

  • Libya was preparing to restart oil production that has been shut since late August after an agreement on a new head of the central bank was reached, two oilfield engineers told Reuters on Tuesday.


  • An OPEC+ panel is unlikely this week to recommend any changes to its current deal to reduce production and to start unwinding some cuts from December, despite recent sharp declines in oil prices, five sources from the producer group told Reuters.



Reporting by Reuters; Editing by Richard Chang

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