Middle East Crude-Dubai rises to a four-week high

Reuters11-27

SINGAPORE, Nov 27 (Reuters) - Middle East crude benchmark spot premium for Dubai rose on Wednesday to a near four-week high, while that for Oman and Murban slipped.

Oil prices held steady on Wednesday as markets evaluated a ceasefire deal between Israel and Hezbollah while also anticipating Sunday's OPEC+ meeting, where the group could delay a planned increase in oil output.

SINGAPORE CASH DEALS

Cash Dubai's premium to swaps rose 20 cents to $0.97 a barrel.

SELLER-BUYER	PRICE ($/BBL)
VITOL-TOTAL	72.30
VITOL-PHILLIPS 66	72.25
VITOL-GLENCORE	72.25
VITOL-SHENGHONG	72.25
VITOL-TOTAL	72.25
VITOL-HENGLI	72.25
TRAFIGURA-EQUINOR	72.25
VITOL-TOTAL	72.25
TRAFIGURA-TOTAL	72.30
TRAFIGURA-TOTAL	72.25
VITOL-PHILLIPS 66	72.20
VITOL-EQUINOR	72.25
VITOL-TOTAL	72.25
EXXONMOBIL-GLENCORE	72.20
VITOL-TOTAL	72.25
TRAFIGURA-TOTAL	72.28
VITOL-EQUINOR	72.25
EXXONMOBIL-TOTAL	72.25
TRAFIGURA-TOTAL	72.28
VITOL-TOTAL	72.25
TRAFIGURA-TOTAL	72.28
VITOL-TOTAL	72.25
EXXONMOBIL-HENGLI	72.20
TRAFIGURA-TOTAL	72.28
VITOL-EQUINOR	72.25
UNIPEC-TOTAL	72.25
TRAFIGURA-TOTAL	72.28
UNIPEC-TOTAL	72.30
EXXONMOBIL-TOTAL	72.25
TRAFIGURA-TOTAL	72.28
UNIPEC-EQUINOR	72.25
EXXONMOBIL-TOTAL	72.25
EXXONMOBIL-TOTAL	72.25
UNIPEC-TOTAL	72.26
EXXONMOBIL-TOTAL	72.25
UNIPEC-EQUINOR	72.25
UNIPEC-TOTAL	72.26
UNIPEC-PETROCHINA	72.24
EXXONMOBIL-TOTAL	72.25
UNIPEC-TOTAL	72.26
TRAFIGURA-TOTAL	72.25
EXXONMOBIL-TOTAL	72.25
VITOL-TOTAL	72.25
TRAFIGURA-TOTAL	72.25
UNIPEC-TOTAL	72.25
EXXONMOBIL-PETROCHINA	72.24
UNIPEC-TOTAL	72.26
TRAFIGURA-TOTAL	72.25
VITOL-TOTAL	72.25
UNIPEC-TOTAL	72.26
EXXONMOBIL-TOTAL	72.25
EXXONMOBIL-TOTAL	72.25

PRICES ($/BBL)

	CURRENT	PREV SESSION
GME OMAN	72.16	72.45
GME OMAN DIFF TO DUBAI	0.63	0.72
CASH DUBAI	72.50	72.50

NEWS

U.S. President-elect Donald Trump does not intend to spare crude oil from his planned 25% import tariffs on Canada and Mexico, sources told Reuters on Tuesday, as the oil industry warned the policy could hurt consumers, industry and national security.

Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if U.S. President-elect Donald Trump imposes 25% import tariffs on crude imports from the two countries, traders and analysts said.

OPEC+ nations are discussing a further delay to a planned oil output hike that was due to start in January, two sources from the producer group said on Tuesday, ahead of Sunday's meeting to decide policy for the early months of 2025.

Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest near term upside to Brent prices, Goldman Sachs said.

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 Siyi Liu in Singapore.Editing by Jane Merriman)

((siyi.liu@thomsonreuters.com;))

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-Dubai rises to a four-week high

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