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In open market trading, Shell offered a 100,000 tonnes cargo of Urals for loading 24-28 March ex Primorsk or Gdansk, working down from Dtd less 1.20 CIF basis Rotterdam to Dtd less 1.60, but without attracting any buying interest.
In the south, ENI made a bid for an 80,000 tonnes cargo of Urals for loading 19-23 March ex Novorossiysk or Yuzhny, working up from Dtd less 2.30 CIF basis Augusta to Dtd less 1.85, but without attracting any offers.
Lukoil made a bid for an 80,000 tonnes cargo of Urals for loading 22-26 March ex Novorossiysk or Yuzhny, working up from Dtd less 2.10 CIF basis Augusta to Dtd to Dtd less 1.90, but with an equal lack of success.
Shell offered a 140,000 tonnes cargo of Urals for loading 19-23 March ex Novorossiysk of Yuzhny, starting from Dtd less 1.30 CIF Augusta and working down to Dtd less 1.90, but without attracting any buying interest.
Earlier in the day, Russian producer, Surgutneftegaz, awarded a tender for an 80,000 tonnes cargo of Urals for loading 27-28 March ex Yuzhny to a European major.
