The differentials between Brent and Urals crudes in Russia were not much changed on Tuesday, while the oil exports at the Caspian pipeline consortium (CPC) terminal remained stable despite a spill of oil that occurred late August.

CPC Blend oil loads from the CPC maritime terminal at Yuzhnaya Ozereyevka, near Novorossiisk Port, so far in this month are at around 1.6 million barrels a day, according to a provisional schedule for export, two traders reported.

PLATTS WINDOW

On Tuesday, there were no bids or offers made on Urals, Azeri BTC Blend or CPC blend in the Platts Window.

The Russian Finance Minister Anton Siluanov said to RBC Media on Tuesday that the federal budget's oil and gas revenue forecast assumes an Urals Oil price of $59 per barrel by 2026. Reporting and Editing by David Goodman

(source: Reuters)