Rosneft and Bashneft got two more positions for loading in November. Rosneft will load 100,000 tonnes from the port of Ust-Luga on Nov. 20-21 and Bashneft will load 100,000 tonnes from Primorsk on Nov. 17-18, traders said.
Overall, Urals exports from Baltic ports will now be 6.4 million tonnes in November, 1.4 million tonnes lower than the October loading plan.
In the Platts window, Shell bid for a second day for two cargoes loading on Nov. 11-15 and Nov. 18-22 from Baltic ports at discounts of $2.30 a barrel to BFOE but found no sellers. Traders estimated sellers were looking for discounts of less than $2 a barrel to BFOE.
Baltic: Russia is expected to lower exports of its Urals crude oil blend from the Baltic Sea port of Primorsk to 3.9 million tonnes in September from 4.6 million tonnes this month, according to preliminary schedule.
Baltic: The schedule showed that Urals exports from the Baltic Sea port of Ust-Luga are seen rising by 0.3 million tonnes to 2.5 million tonnes
Black Sea: Novorossiisk Urals and Siberian Light grades from the Black Sea port of Novorossiisk are seen rising to 2.85 million tonnes from 2.24 million tonnes in August.
Iraq’s Oil Ministry said Tuesday that crude exports averaged 3.225 mbpd in February, slightly down from 3.283 mbpd in January.
The figures do not include oil being independently exported from Iraq’s self-ruled northern Kurdish region since mid-2015, preventing the government from reaping revenues of nearly 600,000 barrels a day.
Total loadings of Azeri Light at the Turkish port of Ceyhan are set to rise 1.77 million barrels in March to 21.85 million barrels at an average loading rate of 704,838 b/d, up 12,425 b/d from February.