Med Crude-Supply of alternative grades puts pressure on Urals, CPC Blend

12.10.2017

Differentials for Urals and CPC Blend crude oil eased versus dated Brent in northwest Europe and the Mediterranean on Wednesday as wide availability of alternative grades weighed on demand, traders said.

Ample supplies from Kurdistan, U.S. oil exports to Europe for delivery in October and weak differentials of North Sea grades...