Med Crude-Urals weakens as refining margins fall
* Urals bids and offers in the Med around dated -75 cents
* No NWE Urals bids or offers in the window
LONDON, Nov 10 (Reuters) - Urals crude oil differentials fell further in the Mediterranean on Tuesday as refining margins worsened towards breakeven and after news of a higher Azeri Light BTC loading schedule for December.
The Baku-Tbilisi-Ceyhan oil pipeline is expected to pump around 882,225 barrels per day (bpd) of Azeri Light in December, up from 820,000 bpd in November.
REFINING MARGINS <REF/MARGIN1>
* Urals margins for complex refineries narrowed to around 90 cents a barrel on Tuesday, down from closer to $1.30 on Monday and around $1.50 over the past five days, according to Reuters refining models. Simple refining margins are even worse, Reuters models show, barely yielding a profit from topping units.
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