MOSCOW, June 2 (Reuters) - Russian Urals crude oil differentials to dated Brent held
steady again on Monday in quiet trade after eight OPEC+ members decided on Saturday to raise
output by 411,000 barrels per day (bpd) in July, the third straight month of the same increase.
Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as
Riyadh pushed to accelerate oil output increases while Moscow argued for a pause, four OPEC+
sources with knowledge of the talks said.
PLATTS WINDOW
* No bids or offers were made for Urals, Azeri BTC or CPC Blend in the Platts window on
Monday.
NEWS
* Kazakhstan's oil production fell 4% in May from April due to lower production from the
Tengiz
oilfield, but remained above the OPEC+ quota, according to an industry source familiar with the
statistics, and Reuters calculations.
* Exxon Mobil ( XOM ) and Azeri state energy company SOCAR said on Monday they signed a deal
agreeing to
explore onshore oil and gas production in Azerbaijan, while BP is expected to buy into new Azeri
offshore fields.