Middle East Crude-Oman, Dubai fall; Murban steady around two-month high

Reuters01-19
Middle East Crude-Oman, Dubai fall; Murban steady around two-month high

SINGAPORE, Jan 19 (Reuters) - Middle East crude benchmarks Oman and Dubai fell on Monday, having posted weekly gains previously, while Murban remained steady at its highest in about two months.

Oil prices fell 1% on Monday, reversing the previous session's gains, as civil unrest in Iran subsided, lowering the chance of a U.S. attack that could disrupt supply from the major Middle Eastern producer. O/R

SINGAPORE CASH DEALS

Cash Dubai's premium to swaps fell 15 cents to -11 cents a barrel.

SELLER-BUYER

PRICE ($/BBL)

PHILLIPS 66-MERCURIA

61.95

PHILLIPS 66-MERCURIA

61.95

EQUINOR-MERCURIA

61.95

EQUINOR-MERCURIA

61.95

EQUINOR-MERCURIA

61.95

PHILLIPS 66-MERCURIA

61.95

HENGLI-MERCURIA

61.95

EQUINOR-MERCURIA

61.95

PHILLIPS 66-MITSUI

61.85

EQUINOR-MERCURIA

61.95

RELIANCE-MERCURIA

61.95

EQUINOR-MERCURIA

61.95

RELIANCE-MERCURIA

61.95

SHENGHONG-MERCURIA

61.95

EQUINOR-MERCURIA

61.95

HENGLI-MERCURIA

61.95

EQUINOR-MERCURIA

61.95

TRAFIGURA-MERCURIA

61.95

SHENGHONG-MERCURIA

61.95

HENGLI-MERCURIA

61.95

TRAFIGURA-MERCURIA

61.95

PHILLIPS 66-MERCURIA

61.95

TRAFIGURA-MERCURIA

61.95

RELIANCE-MERCURIA

61.95

PHILLIPS 66-MERCURIA

61.95

TRAFIGURA-MERCURIA

61.95

TRAFIGURA-MERCURIA

61.95

HENGLI-MERCURIA

61.95

PHILLIPS 66-TRAFIGURA

61.80

TRAFIGURA-MERCURIA

61.95

TRAFIGURA-MERCURIA

61.95

VITOL-MERCURIA

61.95

PHILLIPS 66-MERCURIA

61.95

EQUINOR-MERCURIA

61.95

VITOL-MERCURIA

61.95

VITOL-MERCURIA

61.95

PRICES ($/BBL)

CURRENT

PREV SESSION

GME OMAN

62.30

62.70

GME OMAN DIFF TO DUBAI

0.24

0.46

CASH DUBAI

61.95

62.28

NEWS

India's Mangalore Refinery and Petrochemicals Ltd MRPL.NS is exploring purchases of Venezuelan oil as it halts imports of Russian oil to comply with Western sanctions, its head of finance Devendra Kumar said on Monday.

China is importing the most Russian Urals crude since 2023 at prices lower than Iranian oil after top buyer India cut imports sharply due to Western sanctions and before a European Union ban on products made from Russian oil, according to trade sources and shipping data.

Kazakh oil producer Tengizchevroil, led by Chevron CVX.N, said on Monday that it had temporarily halted production at the Tengiz and Korolev oilfields after an issue affected power distribution systems.

Vitol has offered Venezuelan oil to Chinese buyers at discounts of about $5 per barrel to ICE Brent for April delivery, multiple trade sources 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 Harikrishnan Nair)

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

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