Med crude-Urals crude differentials unmoved in quiet trade
MOSCOW, June 25 (Reuters) - Urals crude differentials to dated Brent were stable on Wednesday as traders assessed the impact of a ceasefire between Iran and Israel on oil markets.
Oil prices rose over 1% on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong U.S. demand.
President Donald Trump said on Wednesday that the U.S. has not given up its maximum pressure on Iran - including restrictions on sales of Iranian oil - but signalled a potential easing in enforcement to help the country rebuild.
PLATTS WINDOW
No bids or offers were made for Urals, CPC Blend or Azeri BTC in the Platts window.
NEWS
Russia's expected offline primary oil refining capacity in June has been revised up by 5% from the previous plan to 3.22 million metric tons due to adjustments in maintenance plans, according to Reuters calculations based on data from industry sources.
This is in line with what is expected in July.
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