Middle East Crude-Oman hits six-month peak; Dubai, Murban steady

Reuters07-30
Middle East Crude-Oman hits six-month peak; Dubai, Murban steady

SINGAPORE, July 30 (Reuters) - The Middle East crude benchmark spot premium of Oman jumped on Wednesday to a six-month high, while that of Dubai and Murban were largely steady.

The market has been underpinned by supply-demand tightness and rising interest as some Indian buyers switched from Russian cargoes after the United States threatened secondary tariffs on countries buying Russian oil.

SINGAPORE CASH DEALS

Cash Dubai's premium to swaps rose 28 cents to $3.10 a barrel.

SELLER-BUYER

PRICE ($/BBL)

PETROCHINA-GUNVOR

74.85

PETROCHINA-VITOL

74.86

PETROCHINA-MERCURIA

74.87

PETROCHINA-VITOL

74.90

PETROCHINA-GUNVOR

74.90

PETROCHINA-VITOL

74.90

PETROCHINA-GUNVOR

74.90

PETROCHINA-EXXONMOBIL

74.90

PETROCHINA-VITOL

74.90

PETROCHINA-GUNVOR

74.90

PETROCHINA-BP

74.94

PETROCHINA-VITOL

74.94

PETROCHINA-BP

74.94

RELIANCE-GUNVOR

74.95

PETROCHINA-VITOL

74.94

PETROCHINA-GUNVOR

74.95

PETROCHINA-EXXONMOBIL

74.95

PETROCHINA-VITOL

74.95

PETROCHINA-VITOL

74.95

PRICES ($/BBL)

CURRENT

PREV SESSION

GME OMAN

75.84

73

GME OMAN DIFF TO DUBAI

3.99

3.32

CASH DUBAI

74.95

72.50

NEWS

China's Shandong Yulong Petrochemical has bought its first Canadian crude oil cargoes exported via the Trans Mountain pipeline $(TMX)$ for September and October delivery, trade sources said, as the new refiner diversifies its supplies.

About a half dozen foreign partners of Venezuela's state-owned oil company PDVSA are awaiting authorizations from the U.S. Treasury and State departments, following talks last week about fresh licenses to allow them to operate in the sanctioned South American country, according to six company sources.

Brazilian state-run oil firm Petrobras PETR4.SA produced 2.32 million barrels of oil per day in Brazil during the second quarter, it reported on Tuesday, marking a 7.6% rise over the same period last year, as new production vessels increased output.

Australian lithium producer IGO IGO.AX posted a drop in its annual sales revenue on Wednesday and flagged an impairment charge tied to its troubled Kwinana lithium refinery in Western Australia.

The head of Americas gasoline for French energy major TotalEnergies' trading arm, Atlantic Trading & Marketing Inc, has left the firm to join a hedge fund, three sources familiar with the matter told Reuters on Tuesday.

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 Eileen Soreng)

((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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