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Friday 29 June 2012

Med crude-Urals pauses after rally

LONDON, June 29 (Reuters) - Russian Urals crude stood flat
on Friday, after a rally took it to a four-month high earlier in
the week, and traders said the grade from the world's largest
oil producer may find further support next week due to July
cargo cancellations.
TNK-BP was understood to have cancelled exports of two
cargoes from Primorsk in the middle of July and one SuezMax
cargo from the Mediterranean, as it was said to have chosen to
ship them to the domestic market instead.
There

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