Middle East Crude-Dubai and Murban ease, Oman climbs to three-week high
SINGAPORE, Nov 25 (Reuters) -Middle East crude benchmark spot premiums of Dubai and Murban eased on Monday as oil prices slipped following 6% gains in the prior week.
Spot premium for Oman gained for a third session to an over three-week high.
Taiwan's CPC bought 4 million barrels of WTI Midland crude for February arrival via a tender on Friday, trade sources said.
Aramco Trading and Trafigura sold 2 million barrels each at premiums of $3.10-3.20 per barrel to January dated Brent prices on a cost and freight basis, they added.
SINGAPORE CASH DEALS
Cash Dubai's premium to swaps fell 4 cents to $0.83 a barrel.
Vitol will deliver a January-loading Upper Zakum crude cargo to TotalEnergies following the deals.
Mitsui will deliver a January-loading Oman crude cargo to PetroChina following the deals.
Unipec will deliver a January-loading al-Shaheen crude cargo to TotalEnergies following the deals.
SELLER-BUYER | PRICE ($/BBL) |
VITOL-TOTAL | 73.55 |
EXXONMOBIL-TOTAL | 73.55 |
TRAFIGURA-EQUINOR | 73.50 |
RELIANCE-PETROCHINA | 73.50 |
MITSUI-HENGLI | 73.50 |
UNIPEC-TOTAL | 73.55 |
VITOL-TOTAL | 73.55 |
TRAFIGURA-TOTAL | 73.54 |
MITSUI-PETROCHINA | 73.50 |
RELIANCE-HENGLI | 73.50 |
RELIANCE-TOTAL | 73.55 |
EXXONMOBIL-TOTAL | 73.55 |
EXXONMOBIL-TOTAL | 73.54 |
UNIPEC-TOTAL | 73.50 |
TRAFIGURA-TOTAL | 73.54 |
UNIPEC-GLENCORE | 73.48 |
UNIPEC-TOTAL | 73.55 |
UNIPEC-TOTAL | 73.54 |
UNIPEC-TOTAL | 73.50 |
VITOL-TOTAL | 73.55 |
TRAFIGURA-TOTAL | 73.54 |
UNIPEC-TOTAL | 73.55 |
MITSUI-PETROCHINA | 73.47 |
EXXONMOBIL-TOTAL | 73.55 |
UNIPEC-TOTAL | 73.54 |
EXXONMOBIL-HENGLI | 73.50 |
UNIPEC-TOTAL | 73.55 |
VITOL-TOTAL | 73.55 |
UNIPEC-TOTAL | 73.54 |
TRAFIGURA-TOTAL | 73.54 |
UNIPEC-TOTAL | 73.50 |
UNIPEC-TOTAL | 73.54 |
UNIPEC-PETROCHINA | 73.46 |
UNIPEC-TOTAL | 73.55 |
EXXONMOBIL-TOTAL | 73.55 |
TRAFIGURA-TOTAL | 73.54 |
VITOL-MITSUI | 73.55 |
UNIPEC-TOTAL | 73.55 |
UNIPEC-TOTAL | 73.54 |
UNIPEC-MITSUI | 73.55 |
UNIPEC-TOTAL | 73.50 |
SHELL-HENGLI | 73.50 |
VITOL-TOTAL | 73.55 |
UNIPEC-VITOL | 73.45 |
UNIPEC-MITSUI | 73.55 |
EXXONMOBIL-TOTAL | 73.54 |
UNIPEC-TOTAL | 73.50 |
UNIPEC-TOTAL | 73.54 |
EXXONMOBIL-HENGLI | 73.50 |
UNIPEC-GLENCORE | 73.45 |
UNIPEC-TOTAL | 73.50 |
UNIPEC-TOTAL | 73.54 |
UNIPEC-TOTAL | 73.50 |
UNIPEC-EQUINOR | 73.45 |
UNIPEC-TOTAL | 73.54 |
EXXONMOBIL-HENGLI | 73.50 |
UNIPEC-PHILLIPS 66 | 73.55 |
UNIPEC-TOTAL | 73.50 |
UNIPEC-TOTAL | 73.54 |
UNIPEC-MITSUI | 73.55 |
UNIPEC-TOTAL | 73.54 |
PRICES ($/BBL)
CURRENT | PREV SESSION | |
GME OMAN | 73.54 | 74.15 |
GME OMAN DIFF TO DUBAI | 0.83 | 0.79 |
CASH DUBAI | 73.54 | 74.15 |
NEWS
China has issued an additional crude oil import quota of at least 5.84 million metric tons (116,800 barrels per day) to independent refiners for cargoes arriving by end-2024 and in early 2025, people familiar with the situation said on Monday.
Kazakhstan is considering shipping a significant part of its oil exports via the Baku-Tbilisi-Ceyhan (BTC) pipeline in the medium term, Energy Minister Almasadam Satkaliyev said on Monday.
President-elect Donald Trump's pick to lead the energy department believes fossil fuels are the key to ending world poverty, which, he says, is a greater problem than climate change's "distant" threat, according to a report he penned as CEO of oilfield services company Liberty Energy LBRT.N.
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 and Florence Tan in Singapore;
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