Med crude-Urals diffs stable, oil drops to 2024 low
MOSCOW, Sept 4 (Reuters) -Urals crude oil differentials to dated Brent remained stable on Wednesday, while outright prices for the grade eased on weaker Brent.
Brent futures LCOc1 fell on Wednesday to their lowest levels in 2024 because of pessimism about demand in the coming months as crude producers offered mixed signals about supply increases.
The 600,000-barrel oil tanker Front Jaguar was loading at Libya's Brega port on Wednesday, engineers told Reuters and Kpler data showed, despite a blockade that has halted other exports.
PLATTS WINDOW
BP offered 132,000 tons of CPC Blend loading on Sept. 25-29 at dated Brent minus $0.90 per barrel but nobody was interested, traders said.
There were no bids or offers for Urals or Azeri BTC in the Platts window on Wednesday.
NEWS
Russia's federal antimonopoly service sees no grounds for reinstating a ban on diesel fuel exports, deputy head Vitaly Korolev said on Wednesday.
Reporting by Reuters
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