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Med crude-Urals differentials stable in quiet trade

ReutersAug 4, 2025 5:52 PM

- Urals oil differentials to dated Brent were stable on Monday, while traders tried to understand the volume of the grade's supply planned for September.

Russian refineries are set for regular seasonal maintenance in autumn, which normally result in higher crude oil exports.

This year additional unplanned refinery outages may happen in Russia due to drone attacks, traders said.

Major Russian refineries, Novokuibyshevsk and Ryazan, suffered unplanned outages after recent drone attacks, Reuters sources said on Monday.

PLATTS WINDOW

  • No bids or offers were made for Urals, Azeri BTC or CPC Blend in the Platts window on Monday.

NEWS

  • U.S. President Donald Trump said on Monday he will

    substantially raise tariffs on goods from India over its purchases of Russian oil.

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