Med crude: Russian Urals oil spreads stable as prices stay above EU cap

No bids or offers were made on Thursday for Urals, Azeri BTC and CPC Blend, traders said.

Hungary is considering cutting off power and gas exports to Ukraine unless Kyiv resumes Russian oil shipments to the country via the Druzhba pipeline, Prime Minister Viktor Orban's chief of staff told a briefing on Thursday.

Crude oil exports from the world's largest oil exporter fell to 6.988 million barrels per day, down from 7.378 million bpd in November and its lowest since September, data from the Joint Organisations Data Initiative showed on Thursday.

(Reporting by Reuters)