Opportunity knocks: USGC's medium sour sets sail to the world.

摘要

According to a report from Platts, there is potential for grades such as Mars and Southern Green Canyon to gain market share in Europe, thanks to unusual strength in CIF Rotterdam Urals differentials. No fixtures have been reported so far, but Platts said that Mars and Southern Green Canyon delivered at Rotterdam would have achieved discounts to Urals averaging $1.44/bbl and $1.39/bbl in July so far, respectively. In the week to July 14, Urals hit a two-year high of Dated Brent minus 65c/bbl, supported by reduced loadings from Primorsk and OPEC's efforts to reduce supplies. The cartel's cuts have focused medium and heavy sour grades.