Middle East Crude-Benchmarks little changed; Qatar tenders eyed

reuters11-14 18:07

SINGAPORE, Nov 14 (Reuters) - Middle East crude benchmarks Oman, Dubai and Murban were little changed on Thursday as traders waited for the results of QatarEnergy tenders.

The producer has offered five al-Shaheen crude cargoes for January loading, along with Marine and Land crude in its monthly tenders.

SINGAPORE CASH DEALS

Cash Dubai's premium to swaps rose 2 cents to 56 cents a barrel.

SELLER-BUYER	PRICE ($/BBL)
PHILLIPS 66-TOTAL	71.45
EXXONMOBIL-TOTAL	71.45
EXXONMOBIL-TOTAL	71.45
TRAFIGURA-TOTAL	71.45
PHILLIPS 66-TOTAL	71.44
EXXONMOBIL-TOTAL	71.44
EXXONMOBIL-TOTAL	71.44
EXXONMOBIL-TOTAL	71.44
EXXONMOBIL-GLENCORE	71.44
RELIANCE-PETROCHINA	71.44
EXXONMOBIL-TOTAL	71.44
EXXONMOBIL-EQUINOR	71.44
EXXONMOBIL-GLENCORE	71.44
EXXONMOBIL-TOTAL	71.44
PHILLIPS 66-EQUINOR	71.44
PHILLIPS 66-PETROCHINA	71.44
EXXONMOBIL-EQUINOR	71.44
EXXONMOBIL-TOTAL	71.44
EXXONMOBIL-GLENCORE	71.44
TRAFIGURA-TOTAL	71.44
EXXONMOBIL-EQUINOR	71.44
PHILLIPS 66-PETROCHINA	71.43
EXXONMOBIL-TOTAL	71.44
TRAFIGURA-EQUINOR	71.44
EXXONMOBIL-TOTAL	71.44
EXXONMOBIL-TOTAL	71.44
UNIPEC-TOTAL	71.43
VITOL-TOTAL	71.45
UNIPEC-TOTAL	71.43
EXXONMOBIL-TOTAL	71.44
UNIPEC-TOTAL	71.43
TRAFIGURA-TOTAL	71.43
MITSUI-TOTAL	71.43
UNIPEC-TOTAL	71.43
SHENGHONG-PETROCHINA	71.43
PTT-TOTAL	71.42
MITSUI-PETROCHINA	71.43
TRAFIGURA-TOTAL	71.41
RELIANCE-TOTAL	71.42
TRAFIGURA-TOTAL	71.41
RELIANCE-TOTAL	71.42
UNIPEC-GLENCORE	71.43
TRAFIGURA-PETROCHINA	71.43
EXXONMOBIL-GLENCORE	71.43
RELIANCE-TOTAL	71.42
PHILLIPS 66-TOTAL	71.41
MITSUI-GLENCORE	71.42
BP-TOTAL	71.41

PRICES ($/BBL)

	CURRENT	PREV SESSION
GME OMAN	71.42	71.17
GME OMAN DIFF TO DUBAI	0.56	0.56
CASH DUBAI	71.42	71.15

NEWS

The world's demand for oil will fall short of supply by more than 1 million barrels per day (bpd) in 2025 even if OPEC+ cuts remain in place, the International Energy Agency $(IEA)$ said in its monthly oil market report on Thursday.

Net income at Japanese oil refiners fell in the first half of their fiscal year, but they maintained profitability and outperformed their South Korean rivals as strong domestic margins shielded them from a weak overseas market.

President-elect Donald Trump's pick of U.S. Senator Marco Rubio for secretary of state could signal stricter enforcement of oil sanctions on Iran and Venezuela, but concerns about retaliation by China could temper any efforts, analysts said on Wednesday.

U.S. refiner margins for gasoline and diesel will be relatively unchanged next year, the U.S. Energy Information Administration said on Wednesday, signaling relief for fuel producers who saw profits slump sharply since 2022 on slowing demand growth.

French oil major TotalEnergies TTEF.PA has awarded engineering contracts worth at least $3 billion as part of its fast-track development of Suriname's first offshore project.

For crude prices, oil product cracks and refining margins, please click on the RICs below.

Brent	BRENTSGMc1
Dubai	DUBSGSWMc2
GME Oman	OQc1
Brent/Dubai EFS	DUB-EFS-1M

PRODUCT CRACKS
Fuel oil crack	FO180SGCKMc1
Gasoil crack	GO10SGCKMc1
Naphtha crack	NAF-SIN-CRK
Gasoline crack	GL92-SIN-CRK
Complex refining margins	REF/MARGIN1

(Reporting by Florence Tan; Editing by Shreya Biswas)

((Florence.Tan@thomsonreuters.com; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))

RECENT CRUDE OIL TRADES:
Asia ACRU/T  Europe CRU/T Americas CRU/TU
      
CRUDE OIL MARKET NEWS      
Crude oil tenders in Asia                       CRU/TENDA
Crude oil supply outages in Asia                CRU/OUT-ASIA-O      
Refinery outages in Asia                        REF/OUT-ASIA-O      
Global arbitrage news and flows                 O/CRUDEARB      
W.African crude imports to Asia,  monthly       O/WAFRICA1      
REFINERY MAINTENANCE DIARIES      
Asia REF/A   Middle East REF/ME   Europe REF/E      
                       
NATIONAL CRUDE IMPORT DATA      
Japan     METI/JP1   China   O/CHINA1      
India     O/INDIA2   S.Korea O/KOREA1      
Indonesia O/INDO1-CRU         
                       
CRUDE OIL INVENTORY DATA      
Japan O/JAPAN1  US EIA/S  Europe O/EUROIL1      
                    
CRUDE OIL PRODUCTION/OILFIELD NEWS      
OPEC output survey OPEC/O          New Africa fields    AFR/NEW 
New projects       ENERGY/NEW      New Americas  fields AM/NEW
CRUDE OIL MARKET REPORTS      
Middle East             CRU/MAsia-Pacific         CRU/AP      
West Africa             CRU/WAF  North Sea            CRU/E      
Asia outlook            ASIA/CRU Europe outlook       EUR/CRU      
Global futures report   O/R      Technicals report    O/I      
                            
PRICES      
For all Official Selling  Prices       OSP/O      
For a POLL on oil  prices              O/POLL      
NYMEX and ICE oil  futures             OILOIL      
TOCOM crude oil  futures               0#JCO:      
Dubai, Oman swaps and  spread          ASIA/SWAP/CRUDE      
Middle East physical crude diffs       CRUDE/ASIA2      
Australia physical crude, Tapis swaps  CRUDE/ASIA1      
Asia-Pacific physical crude            CRUDE/ASIA3      
All Asian crude oil  differentials     0#C-DIF-A
All Asian crude oil outright  prices   0#C-A

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Middle East Crude-Benchmarks little changed; Qatar tenders eyed

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