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Surgutneftegaz sells 100,000 T of Urals to Shell at record premium -traders

Mon, 29th Jun 2020 17:16

MOSCOW, June 29 (Reuters) - Russia's Surgutneftegaz
sold to Shell 100,000 tonnes of Urals crude oil at a
record premium in a spot tender for July 23-24 loading from
Primorsk, traders said on Monday.

The cargo was awarded at a premium of $2.40 a barrel to
dated Brent when adding freight to the original free on board
(FOB) differential.

The tender closed on June 29 at 1400 Moscow time (1100 GMT).

Urals oil loadings from Russia's Baltic ports have been set
at 2.5 million tonnes for July, down from 4.4 million tonnes
planned for June, according to a preliminary loading plan seen
by Reuters on Thursday.
(Reporting by Gleb Gorodyankin and Olga Yagova
Editing by David Goodman
)

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