Med crude-Urals diffs stable, Tuapse refinery to resume processing in Nov
MOSCOW, Oct 31 (Reuters) -Urals crude oil differentials to dated Brent were stable, while Russia's Tuapse refinery, one of the country's biggest Black Sea refineries, is set to resume operations next month, traders said on Thursday.
Rosneft ROSN.MM will resume operations at its oil refinery at the Black Sea port of Tuapse in November, three industry sources told Reuters.
The plant is expected to process about 480,000 metric tons of crude oil next month, limiting crude oil availability for exports, traders added.
Russia's crude oil exports from its three main western ports will drop by 13% in November from the previous month to 1.95 million barrels per day amid higher refinery intake.
PLATTS WINDOW
No bids or offers were shown for Urals, Azeri BTC or CPC Blend in the Platts window on Thursday.
NEWS
Russia said on Thursday that the United States had shown that it was pragmatic about its own economic interests by extending licences for Russian banks to participate in energy transactions.
The Druzhba pipeline will remain Hungary's primary route for crude oil imports, Foreign Minister Peter Szijjarto said on Thursday after talks with Russian Foreign Minister Sergei Lavrov in Minsk on the sidelines of a conference.
Reporting by Reuters; Editing by Susan Fenton
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