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Med crude-Urals diffs stable in quiet trade



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MOSCOW, Oct 3 (Reuters) -Urals crude oil differentials were stable to dated Brent on Thursday amid low trading activity.

Traders are waiting for loading plans for Azeri BTC and CPC Blend oil to emerge next week.

Both grades might fall under pressure from Libyan oil exports reopening, they added.

Libya's eastern-based government and Tripoli-based National Oil Corporation (NOC) announced on Thursday the reopening of all oilfields and export terminals after a dispute over the leadership of the central bank was resolved.

PLATTS WINDOW

  • There were no bids or offers made for Urals, Azeri BTC or CPC Blend in the Platts window on Thursday.

NEWS

  • Oil prices rose on Thursday, with all eyes on key producing countries in the Middle East and mounting concerns that a widening regional conflict could pose a threat to global crude flows.

  • Brent crude futures LCOc1 were up $3.59, or 4.86%, at $77.49 a barrel by 1:08 p.m. EDT. U.S. West Texas Intermediate crude futures CLc1 rose $3.58, or 5.11%, to $73.68.

  • Slovakia has a strong interest in continuing to let oil and gas flow from Russia to the west via Ukraine, Prime Minister Robert Fico said on Thursday, adding that it faced pressure from the European Commission for those supply flows to end.



Reporting by Reuters; Editing by Mark Porter

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