North Sea Crude-Differentials unchanged in quiet trade
LONDON, March 31 (Reuters) -North Sea crude differentials were unchanged on Friday following a muted trading session.
* OPEC oil output fell in March due to oilfield maintenance in Angola and a halt in some of Iraq's exports, a Reuters survey found on Friday, adding to the impact of strong adherence by top producers to a supply cut deal by the wider OPEC+ alliance.
* Hungary will start to pay Ukraine for the transit of Russian oil through the Ukrainian section of the Druzhba pipeline in order to maintain its supplies, two sources familiar with the matter told Reuters.
* Kazakhstan plans to supply 100,000 tonnes of oil to Germany in April, the TASS news agency reported on Friday, citing a statement by the national oil transporter KazTransOil.
* Supply of the five North Sea crude oil grades underpinning the dated Brent benchmark will average about 696,000 barrels per day (bpd) in May, compared with 660,000 bpd in April, implying a 5.5% rise, loading programmes showed this week. O/LOAD
* Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
* There were no deals, bids or offers, trade sources said.
Reporting by Rowena Edwards; Editing by Kirsten Donovan
NORTH SEA CRUDE OIL DIFFERENTIALS AND OUTRIGHT PRICES: 0#BFO-DIF 0#C-E Dated BFO BFO- Brent BFO-BRT BFO-E Forties BFO-FOT FOT-E Oseberg BFO-OSE OSE-E Ekofisk BFO-EKO EKO-E Monthly North Sea crude loading programmes O/LOAD OPEC OPEC NSEA North Sea CRU crude oil PROD oil products DRV derivatives PRO/E European products OILOIL NYMOIL, IPEOIL, OILSPD, OILARB CRDWLDPRODEUR, PRODUS, APROD ENERGY energy speed guide CRUDE/1 crude speed guide
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