Med crude-Urals diffs unchanged, Russia's oil and gas revenues set to decline in Nov
MOSCOW, Nov 26 (Reuters) -Urals crude differentials to dated Brent were unchanged on Tuesday, while Russia's oil and gas revenues were set to decline in November from October, Reuters calculations showed.
Russia's oil and gas revenue in November is seen falling by one-third to 0.78 trillion roubles (some $7.5 billion) from 1.21 trillion in October, Reuters calculations showed.
Russian oil producers have shifted the trading cycle for Urals oil and are selling cargoes further in advance to suit buyers in Asia, now their main market, four industry and trading sources told Reuters.
PLATTS WINDOW
No bids or offers were shown for Urals, Azeri BTC or CPC Blend in the Platts window on Tuesday.
NEWS
Russia's oil pipeline monopoly Transneft TRNF_p.MM said on Tuesday that it risked running out of cash by 2026 and may suspend large investment projects after parliament approved a tax hike.
Reporting by Reuters; editing by Jonathan Oatis
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