Middle East Crude-Oman and Murban slide, Dubai gains

Reuters01-30
Middle East Crude-Oman and Murban slide, Dubai gains

SINGAPORE, Jan 30 (Reuters) - Middle East crude benchmarks Oman and Murban slid on Friday, while Dubai climbed with busy trading activity. For this month, Oman and Murban posted sharp declines as ample supplies weighed on the market.

SINGAPORE CASH DEALS

Cash Dubai's premium to swaps rose 8 cents to -18 cents a barrel.

ExxonMobil and Vitol will each deliver a March-loading Upper Zakum crude cargo to Mercuria following the deals.

Vitol will deliver a March-loading Oman crude cargo to Mercuria following the deals.

For this month, Mercuria purchased 19 cargoes, or 9.5 million barrels, among which the most is Upper Zakum crude.

SELLER-BUYER

PRICE ($/BBL)

EXXONMOBIL-MERCURIA

66.50

EXXONMOBIL-MERCURIA

66.50

VITOL-MERCURIA

66.50

VITOL-TOTAL

66.50

VITOL-MERCURIA

66.51

VITOL-BP

66.51

VITOL-MERCURIA

66.51

VITOL-BP

66.51

VITOL-MERCURIA

66.51

VITOL-TRAFIGURA

66.51

VITOL-TOTAL

66.51

VITOL-MITSUI

66.50

VITOL-MERCURIA

66.50

VITOL-MERCURIA

66.50

VITOL-TOTAL

66.51

VITOL-TOTAL

66.51

VITOL-MERCURIA

66.55

VITOL-TRAFIGURA

66.51

VITOL-BP

66.50

VITOL-MERCURIA

66.51

VITOL-SHELL

66.50

VITOL-MERCURIA

66.55

VITOL-TOTAL

66.51

VITOL-MERCURIA

66.55

VITOL-MERCURIA

66.55

VITOL-MERCURIA

66.55

VITOL-MERCURIA

66.51

VITOL-MERCURIA

66.55

VITOL-MERCURIA

66.55

VITOL-MERCURIA

66.55

VITOL-TOTAL

66.51

RELIANCE-MERCURIA

66.55

VITOL-MERCURIA

66.55

PETROCHINA-MERCURIA

66.53

PETROCHINA-MERCURIA

66.54

VITOL-MERCURIA

66.53

VITOL-SHELL

66.53

PETROCHINA-MERCURIA

66.54

VITOL-TOTAL

66.53

VITOL-TRAFIGURA

66.53

RELIANCE-MERCURIA

66.53

VITOL-BP

66.53

VITOL-MITSUI

66.53

RELIANCE-TOTAL

66.53

PETROCHINA-GLENCORE

66.53

VITOL-MERCURIA

66.53

PETROCHINA-TRAFIGURA

66.53

RELIANCE-BP

66.53

PETROCHINA-TOTAL

66.53

VITOL-MERCURIA

66.54

PETROCHINA-GLENCORE

66.53

PETROCHINA-MITSUI

66.53

VITOL-EQUINOR

66.53

VITOL-MERCURIA

66.53

RELIANCE-SHELL

66.54

RELIANCE-SHELL

66.53

VITOL-SHELL

66.54

PETROCHINA-BP

66.53

HENGLI-SHELL

66.55

PETROCHINA-TOTAL

66.53

PETROCHINA-GUNVOR

66.53

VITOL-SHELL

66.54

PETROCHINA-GLENCORE

66.53

RELIANCE-SHELL

66.55

VITOL-SHELL

66.54

VITOL-TRAFIGURA

66.53

HENGLI-SHELL

66.55

VITOL-MITSUI

66.53

PETROCHINA-MERCURIA

66.53

VITOL-TOTAL

66.53

RELIANCE-SHELL

66.55

VITOL-SHELL

66.54

PETROCHINA-BP

66.53

VITOL-SHELL

66.53

VITOL-GUNVOR

66.53

PETROCHINA-GLENCORE

66.53

VITOL-SHELL

66.54

HENGLI-SHELL

66.55

VITOL-MERCURIA

66.53

VITOL-TRAFIGURA

66.53

VITOL-SHELL

66.54

RELIANCE-MERCURIA

66.56

VITOL-MITSUI

66.53

VITOL-SHELL

66.54

VITOL-TOTAL

66.53

VITOL-BP

66.53

PETROCHINA-GUNVOR

66.53

VITOL-GLENCORE

66.53

VITOL-TRAFIGURA

66.53

HENGLI-SHELL

66.55

VITOL-MERCURIA

66.53

VITOL-SHELL

66.54

PETROCHINA-MITSUI

66.53

VITOL-TOTAL

66.53

VITOL-MERCURIA

66.53

VITOL-GLENCORE

66.53

VITOL-GUNVOR

66.53

VITOL-BP

66.53

VITOL-SHELL

66.54

VITOL-MITSUI

66.53

PETROCHINA-SHELL

66.54

VITOL-TRAFIGURA

66.53

VITOL-MERCURIA

66.53

VITOL-SHELL

66.54

PETROCHINA-SHELL

66.54

HENGLI-SHELL

66.55

VITOL-TOTAL

66.53

VITOL-MERCURIA

66.54

RELIANCE-SHELL

66.56

VITOL-SHELL

66.54

VITOL-GUNVOR

66.53

VITOL-GLENCORE

66.53

VITOL-BP

66.53

VITOL-MITSUI

66.53

VITOL-MERCURIA

66.53

VITOL-MERCURIA

66.54

VITOL-TRAFIGURA

66.53

VITOL-GLENCORE

66.54

VITOL-MERCURIA

66.53

VITOL-TOTAL

66.53

VITOL-MITSUI

66.53

VITOL-GLENCORE

66.53

RELIANCE-BP

66.53

VITOL-MERCURIA

66.54

RELIANCE-GUNVOR

66.53

PRICES ($/BBL)

CURRENT

PREV SESSION

GME OMAN

66.14

66.16

GME OMAN DIFF TO DUBAI

-0.57

-0.45

CASH DUBAI

66.53

66.35

NEWS

The administration of President Donald Trump lifted some sanctions on Venezuela’s oil industry on Thursday to make it easier for U.S. companies to sell its crude oil, and said more restrictions on the country would be lifted soon.

Discounts for Russian ESPO Blend crude oil have narrowed for March-loading cargoes on brisk demand from China as buyers moved quickly to secure barrels, while Indian refiners remained cautious about Western sanctions, traders said.

The official selling price for Oman crude in March will rise by $0.08 to $62.17 a barrel, Reuters calculations based on data from the Gulf Mercantile Exchange showed on Friday.

U.S. refiner Valero Energy VLO.N on Thursday kicked off the earnings season for U.S. refiners with strong fourth-quarter profits, on the back of a rebound in margins and higher throughput volume.

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 Shilpi Majumdar)

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

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