International crude:Urals gains on lower supply

摘要

Urals differentials were firmer Tuesday amid low activity due to the lack of offers,especially in the Med.The CFD' paper market for June was up by about 15 cts/bbl to reach Dated Brent minus 2.75/bbl while the CFD for July moved in the opposite direction reaching Dated Brent minus 3.40/bbl compared to minus 3.20/bbl last Friday.The lower supply combined with strong demand from the US and the eastern Med has been contributing to the strength in Urals,according to traders.