Black sea urals holds on to record highs

摘要

1.Russian Black Sea Urals held steady at record premiums of $1.40/bl and $1.15/bl to North Sea Dated for 600,000 bl and 1mn bl cargoes, respectively. Baltic Urals shed 70c/bl as early-September supplies struggled for buyers. 2.Iraqi medium sour Kirkuk, exported from the port of Ceyhan in Turkey, rose by $1.05/bl against North Sea Dated, after Italy’s Eni bought three cargoes of the grade from Iraqi marketer Somo. The strength in the Black Sea Urals market has prompted buyers to seek out alternatives such as Kirkuk.