Russian Urals crude differentials eased on Thursday, traders said and Reuters calculations showed, as prices for the grade in Indian ports weakened following latest US sanctions on Rosneft and Lukoil.
Spot discounts for Urals crude widened to between $5 and $6 per barrel to dated Brent on a delivery ex-ship (DES) basis on average from some $4 per barrel to dated Brent on a DES basis last week and around $2.25 late in October - early in November, the traders said.
India's Reliance Industries has stopped importing Russian crude oil into its refining complex at Jamnagar in western Gujarat state, effective November 20, its spokesperson said on Thursday.
No bids or offers were reported to Reuters from the Platts window on Wednesday for Urals, CPC Blend or Azeri BTC. Ukraine's military said on Thursday it had struck Russia's Ryazan and Ilsky oil refineries.
(Reporting by Reuters)
