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Monday 27 February 2012

Med Crude-Sellers push up Urals but margins weak

LONDON, Feb 27 (Reuters) - Sellers pushed up
differentials on Russian Urals crude on Monday due to a smaller
than expected export programme in March but buyers remained
sidleline due to weaker refining margins.
The schedule showed Russia's largest oil port of Primorsk
would load 5.8 million tonnes in March, up from 5.4 million
tonnes in February, only slightly up on a barrel per day basis.
Novorossiisk on the Black Sea will export 3.415 million
tonnes or some 90,000 barrels per day hig

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