Middle East Crude-Oman, Dubai extend gains; Murban declines

Reuters12-23 18:03
Middle East Crude-Oman, Dubai extend gains; Murban declines

SINGAPORE, Dec 23 (Reuters) - Middle East crude benchmark spot premiums of Oman and Dubai extended gains on Tuesday, amid export disruptions from Venezuela, while that of Murban declined.

Tanker loading in Venezuela dwindled on Monday, with most ships moving oil cargoes only between domestic ports following U.S. action against two more ships and as state-run energy company PDVSA struggles to recover from a cyberattack, according to tracking data and sources.

SINGAPORE CASH DEALS

Cash Dubai's premium to swaps rose 19 cents to 70 cents a barrel.

Hengli will deliver two February-loading Upper Zakum crude cargoes, one to Total and one to Glencore following the deals.

Vitol will deliver a February-loading al-Shaheen crude cargo to Glencore following the deals.

ExxonMobil will deliver a February-loading Upper Zakum crude cargo to Glencore following the deals.

SELLER-BUYER

PRICE ($/BBL)

VITOL-GLENCORE

62.15

VITOL-GLENCORE

62.15

HENGLI-TOTAL

62.17

HENGLI-TOTAL

62.15

BP-GLENCORE

62.15

EXXONMOBIL-GLENCORE

62.15

BP-GLENCORE

62.15

VITOL-GLENCORE

62.15

BP-TOTAL

62.11

HENGLI-GLENCORE

62.15

BP-GLENCORE

62.15

EXXONMOBIL-GLENCORE

62.15

HENGLI-GLENCORE

62.15

EXXONMOBIL-GLENCORE

62.15

VITOL-GLENCORE

62.15

BP-GLENCORE

62.15

HENGLI-GLENCORE

62.15

EXXONMOBIL-GLENCORE

62.15

VITOL-GLENCORE

62.15

BP-GLENCORE

62.15

EXXONMOBIL-GLENCORE

62.15

HENGLI-GLENCORE

62.15

VITOL-GLENCORE

62.15

EXXONMOBIL-GLENCORE

62.15

HENGLI-GLENCORE

62.15

BP-GLENCORE

62.15

VITOL-GLENCORE

62.15

EXXONMOBIL-GLENCORE

62.15

HENGLI-GLENCORE

62.15

EXXONMOBIL-GLENCORE

62.15

VITOL-GLENCORE

62.15

EQUINOR-GLENCORE

62.20

EXXONMOBIL-GLENCORE

62.15

BP-GLENCORE

62.20

HENGLI-GLENCORE

62.21

VITOL-GLENCORE

62.15

UNIPEC-GLENCORE

62.35

EXXONMOBIL-GLENCORE

62.15

EQUINOR-GLENCORE

62.20

EXXONMOBIL-GLENCORE

62.15

VITOL-GLENCORE

62.15

BP-GLENCORE

62.25

EXXONMOBIL-GLENCORE

62.15

EXXONMOBIL-GLENCORE

62.15

PRICES ($/BBL)

CURRENT

PREV SESSION

GME OMAN

62.29

61.47

GME OMAN DIFF TO DUBAI

0.84

0.78

CASH DUBAI

62.15

61.20

NEWS

The volume of oil stored on board ships in Asian waters, which has tripled since September to a three-year high, is poised to decline as producers of sanctioned oil slow exports and Chinese refiners ramp up buying, trade sources and analysts said.

Norway's combined oil and gas production beat an official forecast by 0.9% in November, the Norwegian Offshore Directorate (NOD) said on Tuesday.

Oil exports via the Caspian Pipeline Consortium's network are expected to rise 18% to 74.4 million metric tons this year, Nikolai Tokarev, head of Russia's pipeline monopoly Transneft TRNF_p.MM, told the company's in-house magazine 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 Ronojoy Mazumdar)

((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      
                       
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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      
                    
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OPEC output survey OPEC/O          New Africa fields    AFR/NEW 
New projects       ENERGY/NEW      New Americas  fields AM/NEW
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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
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