Urals’ discount on Brent widens in Mediterranean

12.06.2019

Kazakhstan’s benchmark Urals crude oil’s differentials eased further in Mediterranean against dated Brent on Tuesday, while in northwest Europe the grade was supported by fresh demand.

Urals differentials for 80,000-tonne cargoes loading from Black Sea’s Novorossiisk reached their widest discount to dated Brent since November 2018 as sellers struggled to place...