Middle East Crude-Dubai falls for a third session to one-week low

Reuters11-05
Middle East Crude-Dubai falls for a third session to one-week low

SINGAPORE, Nov 5 (Reuters) - Middle East crude benchmark spot premiums of Dubai fell for three consecutive sessions on Wednesday, hitting the lowest in a week.

Premiums for Oman and Murban also extended declines, in the run up to December official selling price release by Saudi Arabia.

Oil prices were little changed on Wednesday as investors digested weaker economic data from top oil importers and U.S. inventories pointing to firmer fuel demand, while a stronger U.S. dollar weighed on prices.

SINGAPORE CASH DEALS

Cash Dubai's premium to swaps fell 18 cents to $1.26 a barrel.

SELLER-BUYER

PRICE ($/BBL)

VITOL-TRAFIGURA

65.60

VITOL-TOTAL

65.60

VITOL-TRAFIGURA

65.60

EXXONMOBIL-TRAFIGURA

65.60

VITOL-TRAFIGURA

65.60

EXXONMOBIL-TRAFIGURA

65.60

HENGLI-TRAFIGURA

65.60

VITOL-TRAFIGURA

65.60

VITOL-TOTAL

65.60

VITOL-TOTAL

65.60

VITOL-TRAFIGURWA

65.60

EXXONMOBIL-TRAFIGURA

65.60

UNIPEC-TRAFIGURA

65.60

VITOL-TOTAL

65.60

EXXONMOBIL-TRAFIGURA

65.60

UNIPEC-TRAFIGURA

65.60

PTT-TRAFIGURA

65.60

SINOCHEM-TRAFIGURA

65.60

EXXONMOBIL-TRAFIGURA

65.60

PTT-TRAFIGURA

65.60

EXXONMOBIL-TRAFIGURA

65.60

UNIPEC-TRAFIGURA

65.60

VITOL-TOTAL

65.60

EXXONMOBIL-TRAFIGURA

65.60

VITOL-TRAFIGURA

65.60

VITOL-TOTAL

65.60

VITOL-TOTAL

65.60

VITOL-TRAFIGURA

65.60

EXXONMOBIL-TRAFIGURA

65.60

UNIPEC-TRAFIGURA

65.60

VITOL-TOTAL

65.60

VITOL-TRAFIGURA

65.60

VITOL-TOTAL

65.60

VITOL-TRAFIGURA

65.60

UNIPEC-TRAFIGURA

65.60

PTT-TRAFIGURA

65.60

EXXONMOBIL-TRAFIGURA

65.60

VITOL-TRAFIGURA

65.60

VITOL-TOTAL

65.60

VITOL-TRAFIGURA

65.60

VITOL-TOTAL

65.60

PRICES ($/BBL)

CURRENT

PREV SESSION

GME OMAN

65.57

65.33

GME OMAN DIFF TO DUBAI

1.23

1.38

CASH DUBAI

65.60

65.39

NEWS

Western sanctions on Russia and Iran are creating record volumes of oil stored onboard vessels, preventing a supply glut from forming in global markets, Gunvor Group's CEO said on Wednesday.

OPEC's oil output rose further in October after an OPEC+ agreement to raise production, a Reuters survey found on Tuesday, though the scale of the increase slowed sharply from September and the summer months.

U.S. crude stocks rose last week while gasoline and distillate inventories fell, market sources said, citing American Petroleum Institute figures on Tuesday.

Global commodities trader BGN sees new sanctions on Russia as an opportunity to boost its presence in the Mediterranean energy products market, its chief executive said on Monday, as it considers investing in petrochemical assets.

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;)

((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      
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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      
                       
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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
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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      
                            
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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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