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Med Crude-Urals offered lower in the north

Thu Oct 22, 2009 11:07pm IST
 
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* Urals NWE offered dated minus 45 cents

* Urals MED bid dated minus 35 cents

LONDON, Oct 22 (Reuters) - Urals crude oil was offered slightly lower in the north on Thursday, while levels in the Mediterranean edged up but did not attract any sellers in the window, traders said.

URALS

* Vitol and Lukoil were offering Urals NWE in the window but no deals were concluded, traders said. Lukoil offered its cargo, a Nov. 9-13, down to dated minus 45 cents, at which level it withdrew.

The Lukoil offer was 15 cents lower than one on Wednesday, but sellers saw value closer to dated minus 50 to 60 cents, a trader said.

* In the Mediterranean, Glencore was looking to pay dated minus 35 cents, traders said. That was up from a bid on Thursday at dated minus 55 cents and closer to the market value.  Continued...

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