International crude; Med Urals at Brent premium?

摘要

Market sources reported that Urals in the Mediterranean was stronger Friday, possibly trading at a premium to Dated Brent at a time when Urals in Northwest Europe moved lower. No details of any deals done in the Mediterranean were received, but sources reported more than one deal was done above Dated Brent. The market was reported to have few cargoes available in the South against a number of shorts. Asian buyers were also reported to be actively looking for Urals in the Mediterranean. "Far East buyers are active but sensitive to freight," a trader said.