Russian Urals crude oil differentials to dated Brent were little changed on Friday in quiet trade, market sources said.
Oil prices edged higher on Friday but were set for a weekly decline, under pressure from market expectations of oversupply and uncertainty around tariff talks between the U.S. and China.
Several OPEC+ members have suggested the group accelerate oil output increases for a second month in June, Reuters reported earlier this week.
PLATTS WINDOW
No bids or offers were shown for Urals, CPC Blend and Azeri BTC in the Platts window on Friday.
NEWS
Iran will sign a $4 billion agreement with Russian companies to develop seven oilfields, Iranian Oil Minister Mohsen Paknejad said on state TV on Friday.
Source: Reuters
