LONDON, June 19 (Reuters) - Spot differentials on Caspian and North African sweet oil grades remained underpinned on Wednesday by firmer margins in the last few weeks and lower Libyan exports in July. There was no activity in the Platts window with little discussion heard on Russia's main export grade Urals. The medium sour grade firmed above dated Brent in the North after a programme showed exports from the Baltic ports would fall in the third quarter. Exports of Iraqi Kirkuk hit a snag as flows through the pipeline were halted due to a leak on Tuesday evening but pumping was expected to resume after 24 hours.ID:nL5N0EV1EJ Trade of Libyan grades was thin as a decline in July availabilities has dampened re-selling while buyers also awaited official selling prices, which are often deemed too high. "Very quiet, not much spot discussed. I think it's because of the lack of cargoes or perhaps waiting on the OSPs," one trader said. Worker protests recently led to the shut down of several fields and terminals over the last month or so. Only second half July cargoes of Algerian Saharan Blend cargoes were still available with offers at around dated Brent minus 50 cents, one potential buyer said. On Azeri Light, another trader said the grade had traded around dated Brent plus 2.80 cif Augusta on Wednesday but buyer and seller details remained private. No fresh deals were heard on Kazakh CPC Blend but the grade was steady after Exxon bought a cargo at dated Brent minus 80 cents cif Augusta on Tuesday. Iraqi Kurdistan will start a new oil pipeline to Turkey within months, its energy minister said, increasing the autonomous region's control over its resources in a dispute with Baghdad and raising its exports to world markets.ID:nL5N0EV1BQ In a move that will provoke Baghdad, the Kurdish regional government will complete the pipeline by the end of September with an initial capacity of 300,000 barrels per day (bpd), its energy minister, Ashti Hawrami, told a conference in London on Wednesday. (Reporting by Julia Payne; editing by Keiron Henderson) ((julia.payne@thomsonreuters.com)(+44 0207 542 1836)(Reuters Messaging: julia.payne.reuters.com@reuters.net)) ((For a database of oil supply and demand fundamentals upstream and downstream, Reuters subscribers can click onhttp://bond.views.session.rservices.com/ce/ ((MED CRUDE OIL DIFFERENTIAL AND OUTRIGHT PRICE ASSESSMENTS:0#BFO-DIF 0#C-E Urals MedBFO-URL-E URL-E Urals NWEBFO-URL-NWE URL-NWE-E KirkukBFO-KIR KIR-E Siberian LightBFO-SIB SIB-E Saharan BlendBFO-SAH SAH-E CPC BlendBFO-CPC CPC-E AzeriBFO-AZR AZR-E CRUDE ARBITRAGE STORIESO/CRUDEARB CRUDE OIL TRADESCRU/T NORTH SEA CRUDE REPORTCRU/E AFRICAN CRUDE REPORTCRU/WAF Russia oil export schedule, monthlyO/RUS4 Russia oil exports, table, monthlyO/RUS3 Russia oil output by company, monthlyO/RUS2 Russia oil output/exports, monthlyO/RUS1 Russia product export, monthlyO/RUS5 ENERGY energy speed guideCRUDE/1 crude speed guide NYMEX crude0#CL: ICE crude0#LCO: OPEC OPECNSEA North SeaCRU crude oilPROD oil productsDRV derivativesPRO/E European productsO/L Latest ICEO/N Latest NYMEXOILOIL NYMOIL IPEOIL OILSPD OILARB CRDWLD PRODEUR PRODUS APROD )) )) Keywords: MARKETS MEDITERRANEAN/CRUDE
Med Crude-Sweets underpinned, Kirkuk pipeline leaks
LONDON, June 19 (Reuters) - Spot differentials on Caspian and North African sweet oil grades remained underpinned on Wednesday by firmer margins in the last few weeks and lower Libyan exports in July. There was no activity in the Platts window with little discussion heard on Russia&aposs main export grade Urals. The medium sour grade firmed above dated Brent in the North after
June 19, 2013




















