Urals slips against North Sea dated

摘要

Urals discounts to North Sea Dated widened this week amid weak buying interest and an overhang of prompt supply, particularly in northwest Europe. North Sea Dated prices were up by 86￠/bl on the week, putting pressure on refining margins for Russian crude. In northwest Europe, a number of Urals sellers struggled to place prompt cargoes this week. It was possible to move Baltic-loading Urals to the Mediterranean but Spain's Repsol is the only confirmed buyer.