LONDON, Oct 8 (Reuters) - Russian Urals crude edged up inthe Baltic catching up with a rally in the Mediterranean of thepast week due to limited cargo availability.
In the Platts window, BP bid for an Oct 22-26 cargo in theBaltic at dated Brent minus $1.60, some 10 cents stronger thanprices last week, traders said. It found no sellers.
"The Baltic is catching up with the Med and I think thetrend will prevail this week," a trader with a Russian tradinghouse said.
Last week, Urals rose to its highest levels in theMediterranean since early September as traders said most of theOctober loading programme was cleared out.
Russia's Saratov oil refinery, owned by Anglo-Russian crudeproducer TNK-BP
, has resumed production after itcaught fire last week, TNK-BP said on Monday.
Iraqi Kurdistan's leading oil producer, Genel Energy, saidit would keep crude exports flowing after the Kurdistan RegionalGovernment (KRG) finally received an initial payment fromBaghdad.
(Reporting by Dmitry Zhdannikov and Gleb Gorodyankin; Editingby William Hardy)
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Keywords: MARKETS MEDITERRANEAN/CRUDE