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Med crude-Urals diffs stable, Azeri BTC weakens after deals

Med crude-Urals diffs stable, Azeri BTC weakens after deals MOSCOW, Jan 26 (Reuters) - Urals crude differentials to dated Brent held steady on Thursday, while Azeri BTC weakened after deals in the afternoon trading window, Reuters sources said. The European Commission is proposing that the EU set a $100 per barrel price cap on premium Russian oil products like diesel and a $45 per barrel cap on discounted products like fuel oil, European Union officials said on Thursday.
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Med crude-Azeri BTC diffs ease on flurry of deals, CPC Blend rises on tender

Med crude-Azeri BTC diffs ease on flurry of deals, CPC Blend rises on tender MOSCOW, Jan 19 (Reuters) - Azeri BTC crude differentials to dated Brent eased on flurry of deals in the Platts window, while CPC Blend's rose to their highest in almost two months on Thursday following a spot tender, market sources said. Russian oil output this month has not fallen from December levels despite Western sanctions and price caps, the Interfax news agency quoted Deputy Prime Minister Alexander Novak as sayi
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BASF shareholders say Russia exit sets up oil and gas IPO

BASF shareholders say Russia exit sets up oil and gas IPO By Patricia Weiss and Ludwig Burger BERLIN/FRANKFURT, Jan 19 (Reuters) - BASF BASFn.DE investors said that oil and gas business Wintershall Dea's exit from Russia, though painful, clears the way for plans to take it public and for BASF to focus on its chemicals operations. BASF late Tuesday flagged a 7.3 billion euro ($7.9 billion) writedown on Wintershall Dea (WD), as the energy business, in which Russian billionaire Mikhail Fridman's in
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BASF takes huge writedown as Wintershall Dea exits Russia

UPDATE 7-BASF takes huge writedown as Wintershall Dea exits Russia Keeping Russian business "not tenable" -Wintershall Dea BASF unveils 7.3 billion euro non-cash impairment for 2022 BASF flags 1.38 bln euro net loss in 2022 Adds LetterOne comment By Victoria Waldersee and Christoph Steitz BERLIN/FRANKFURT, Jan 18 (Reuters) - BASF BASFn.DE will take a 7.3 billion euro ($7.9 billion) writedown as its Wintershall Dea WINT.UL energy business pulls out of Russia, the German chemicals giant said, trig
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BASF takes huge writedown as Wintershall Dea exits Russia

UPDATE 5-Wintershall Dea gives up on Russia, causing net loss at parent BASF Keeping Russian business "not tenable" -Wintershall Dea BASF unveils 7.3 billion euro non-cash impairment for 2022 BASF flags 1.38 bln euro net loss in 2022 Adds shares, analyst reaction, detail on Russia business By Victoria Waldersee and Christoph Steitz BERLIN/FRANKFURT, Jan 18 (Reuters) - BASF BASFn.DE will take a 7.3 billion euro ($7.9 billion) writedown as its Wintershall Dea WINT.UL energy business pulls out of R
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