Weaker naphtha hits Caspian crude

摘要

April Russian Urals loading at Primorsk was broadly unchanged relative to North Sea Dated at a discount of $1.90-1.95/bl. Bidding for Mediterranean-loading Urals cargoes rose to a 50￠/bl discount to the benchmark, but values then came under pressure on weakening regional fuel oil margins. Siberian Light crude cleared for April loading at firm premiums of $1/bl to North Sea Dated.