SINGAPORE, Sept 22 (Reuters) - Middle East crude benchmark spot premiums of Dubai, Murban and Oman extended declines on Monday and hit multi-week lows, amid looming concerns of market oversupply.
Taiwan's CPC bought 2 million barrels of U.S. WTI crude for December arrival via a tender, trade sources said on Monday.
SINGAPORE CASH DEALS
Cash Dubai's premium to swaps fell 51 cents to $2.11 a barrel.
Mercuria will deliver a November-loading Upper Zakum crude to Vitol following the deals.
SELLER-BUYER | PRICE ($/BBL) |
MERCURIA-GUNVOR | 68.95 |
MERCURIA-GUNVOR | 68.94 |
RELIANCE-VITOL | 68.90 |
MERCURIA-PETROCHINA | 68.90 |
MERCURIA-SINOCHEM | 68.90 |
MERCURIA-GUNVOR | 68.90 |
MERCURIA-VITOL | 68.90 |
MERCURIA-TOTAL | 68.85 |
MERCURIA-EXXONMOBIL | 68.85 |
MERCURIA-MITSUI | 68.85 |
MERCURIA-BP | 68.85 |
MERCURIA-PETROCHINA | 68.85 |
MERCURIA-SINOCHEM | 68.85 |
MERCURIA-MITSUI | 68.80 |
MERCURIA-EXXONMOBIL | 68.75 |
MERCURIA-PETROCHINA | 68.75 |
MERCURIA-SINOCHEM | 68.75 |
MERCURIA-MITSUI | 68.75 |
MERCURIA-NPI | 68.70 |
MERCURIA-VITOL | 68.71 |
MERCURIA-MITSUI | 68.70 |
MERCURIA-VITOL | 68.71 |
MERCURIA-PETROCHINA | 68.65 |
MERCURIA-EXXONMOBIL | 68.65 |
MERCURIA-VITOL | 68.70 |
MERCURIA-NPI | 68.60 |
MERCURIA-PETROCHINA | 68.55 |
MERCURIA-VITOL | 68.56 |
MERCURIA-EXXONMOBIL | 68.55 |
MERCURIA-VITOL | 68.59 |
MERCURIA-VITOL | 68.59 |
MERCURIA-NPI | 68.50 |
MERCURIA-GUNVOR | 68.59 |
MERCURIA-VITOL | 68.59 |
MERCURIA-VITOL | 68.59 |
HENGLI-VITOL | 68.59 |
MERCURIA-VITOL | 68.59 |
MERCURIA-VITOL | 68.59 |
MERCURIA-VITOL | 68.59 |
MERCURIA-VITOL | 68.59 |
MERCURIA-VITOL | 68.59 |
MERCURIA-VITOL | 68.59 |
MERCURIA-GUNVOR | 68.59 |
RELIANCE-VITOL | 68.75 |
MERCURIA-VITOL | 68.59 |
MERCURIA-PETROCHINA | 68.55 |
MERCURIA-NPI | 68.60 |
MERCURIA-GUNVOR | 68.60 |
MERCURIA-NPI | 68.60 |
PRICES ($/BBL)
CURRENT | PREV SESSION | |
GME OMAN | 68.93 | 69.43 |
GME OMAN DIFF TO DUBAI | 2.44 | 2.72 |
CASH DUBAI | 68.60 | 69.33 |
NEWS
Taiwan's Formosa Petrochemical Corp 6505.TW reduced crude processing volume at its refinery after two secondary units were shut for maintenance, a company spokesperson said on Monday.
Iraq has increased oil exports following the gradual unwinding of voluntary production cuts under an OPEC+ agreement, the country's state oil marketer SOMO said on Sunday.
The price of Russia's Urals crude oil for delivery to top buyer India is rising despite growing sanctions risks as Ukrainian attacks on Russian ports and pipelines and tightened sanctions prompt concerns about supply, four market sources told Reuters on Friday.
Kuwait's crude oil production capacity stands at 3.2 million barrels per day, oil minister Tariq Al-Roumi told Kuwaiti newspaper Al Qabas in an interview.
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
Comments