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Middle East Crude-Oman, Dubai rose, Murban dips

Middle East Crude-Oman, Dubai rose, Murban dips SINGAPORE, Oct 18 (Reuters) - Middle East crude benchmark premiums for Oman and Dubai climbed on Friday, while that for Murban fell slightly. Indian Oil Corp IOC.NS , the country's largest refiner, has bought 4 million barrels of U.S. West Texas Intermediate crude via a tender for January delivery, trade sources said.
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Big oil cash return resilience in spotlight for 2025 - BofA

LIVE MARKETS-Big oil cash return resilience in spotlight for 2025 - BofA STOXX 600 up 0.6% TSMC beat, earnings provide support ECB in focus Banks lead gainers Nasdaq futures rise Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BIG OIL CASH RETURN RESILIENCE IN SPOTLIGHT FOR 2025 - BOFA When it comes to Big Oil, Bank of America is on a quest for cash return resilience - understand
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Middle East Crude-Oman, Dubai fall slightly, Murban up

Middle East Crude-Oman, Dubai fall slightly, Murban up SINGAPORE, Oct 17 (Reuters) - Middle East crude benchmark premiums for Oman and Dubai dipped on Thursday, while that for Murban ticked up. Thai refiner IRPC is closing a tender on Thursday to buy December-loading sour crude. SINGAPORE CASH DEALS Cash Dubai's premium to swaps slid 2 cents to $1.57 a barrel.
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NEO Energy CEO Harris steps down after less than two years in role

NEO Energy CEO Harris steps down after less than two years in role NEO Energy CEO, CTO and chairman step down NEO last month said it will slow investment in all projects under development Company awaits clarity on UK regulatory and fiscal framework LONDON, Oct 15 (Reuters) - North Sea focused NEO Energy said on Tuesday its chief executive officer Paul Harris will step down from his role after less than two years in the position.
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Middle East Crude-Benchmarks slip as Iran disruption concerns ease

Middle East Crude-Benchmarks slip as Iran disruption concerns ease SINGAPORE, Oct 15 (Reuters) - Spot premiums for Middle East crude benchmarks — Oman, Dubai and Murban — slipped for a second session on Tuesday as concerns about Iranian oil supply disruption eased, erasing geopolitical risk premium in prices. Global oil prices tumbled more than 4% to near two-week lows due to a weaker demand outlook and after a media report said Israel was willing to not strike Iranian oil targets, easing fe
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European oil stocks fall tracking lower oil prices

BUZZ-European oil stocks fall tracking lower oil prices ** The European oil and gas index .SXEP falls as much as 2.6%, tracking a decline in global oil prices amid demand concerns and comments by Israel on escalating tensions with Iran ** Oil prices fell $2 in early Asian trade on a lowered OPEC outlook for global demand growth in 2024 and 2025, an
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Venture Global will not begin LNG deliveries to Italy's Edison until 2025

UPDATE 1-Venture Global will not begin LNG deliveries to Italy's Edison until 2025 Rewrites throughout, adds company and industry background, changes story identification tag Oct 14 (Reuters) - Italian energy group Edison EDNn.MI said on Monday that U.S. gas exporter Venture Global LNG told it not to expect contract cargoes from its Louisiana export facility until April 2025. Edison is among companies including Shell SHEL.L , BP BP.L and Repsol REP.MC that have filed contract arbitration cases a
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Middle East Crude-Benchmarks slip; Qatar offers Dec-loading cargoes

Middle East Crude-Benchmarks slip; Qatar offers Dec-loading cargoes SINGAPORE, Oct 14 (Reuters) - Middle East crude benchmarks Oman, Dubai and Murban slipped on Monday as concerns around an escalation of conflict between Israel and Iran eased. Spot premiums for Oman and Dubai fell toward $1.70 a barrel while IFAD Murban's premium to Dubai quotes dropped under $1.80. QatarEnergy will close on Tuesday three crude tenders for December-loading supplies.
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Middle East Crude-Murban falls for third straight session; Dubai, Oman rise

Middle East Crude-Murban falls for third straight session; Dubai, Oman rise SINGAPORE, Oct 11 (Reuters) - Middle East crude benchmark premiums for Oman and Dubai rose slightly on Friday, but Murban fell for a third consecutive session. SINGAPORE CASH DEALS Cash Dubai's premium to swaps rose 10 cents to $1.88 a barrel. SELLER-BUYER PRICE ($/BBL) REPSOL-TOTAL 78.60 REPSOL-TOTAL 78.60 REPSOL-MITSUI 78.59 TRAFIGURA-TOTAL 78.60 REPSOL-TOTAL 78.59 BP-MITSUI 78.59 HENGLI-TOTAL 78.55 EXXONMOBIL-MITSUI 7
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ArcelorMittal, Barratt Redrow, Croda

EUROPE RESEARCH ROUNDUP-ArcelorMittal, Barratt Redrow, Croda Oct 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including ArcelorMittal , Barratt Redrow and Croda on Friday. HIGHLIGHTS * ArcelorMittal SA MT.AS : JP Morgan cuts to neutral from overweight * Barratt Redrow Plc BTRW.L : Citigroup cuts target price to 600p from 615p * Croda CRDA.L : JP Morgan cuts target price to 3875p from 4200p * Jet2 Plc JET2.L : Morgan Stanley raises targe
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Spanish stocks - Factors to watch on Oct 11

Spanish stocks - Factors to watch on Oct 11 Oct 11 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: IBERDROLA IBE.MC Spain's largest power company, Iberdrola, will invest up to 12 billion pounds ($15.66 billion) in its British division Scottish Power over the next four years, doubling its commitment in the UK ahead of a global investment summit in London.
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US regulator denies Shell's request for older Venture Global LNG's documents

US regulator denies Shell's request for older Venture Global LNG's documents HOUSTON, Oct 10 (Reuters) - Shell SHEL.L on Thursday lost a bid to have U.S. regulators allow it to view nonpublic commissioning documents related to Venture Global LNG's Calcasieu Pass facility, a setback in a broader dispute over access to cargoes from the plant. Shell, BP BP.L , Galp GALP.LS , Repsol GALP.LS , Orlen PKN.WA and Edison EDNn.MI have launched contract arbitration cases in the U.S.
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Middle East Crude-benchmark premiums fall, Murban for second straight session

Middle East Crude-benchmark premiums fall, Murban for second straight session SINGAPORE, Oct 10 (Reuters) - Middle East crude benchmark premiums for Oman, Dubai and Murban all fell on Thursday, with Murban declining for a second consecutive session. SINGAPORE CASH DEALS Cash Dubai's premium to swaps fell 4 cents to $1.78 a barrel. SELLER-BUYER PRICE ($/BBL) RELIANCE-MITSUI 77.18 TRAFIGURA-TOTAL 77.18 EXXONMOBIL-MITSUI 77.18 TRAFIGURA-TOTAL 77.18 REPSOL-TOTAL 77.19 PHILLIPS 66-TOTAL 77.1 HENGLI-T
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Spanish stocks - Factors to watch on Oct 10

Spanish stocks - Factors to watch on Oct 10 Oct 10 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: REPSOL REP.MC Repsol said on Wednesday its estimated production in the third quarter dropped to 553,000 barrels of oil equivalent per day from 589,000 barrels in the previous quarter.
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Repsol Q3 Estimated Production 553,000 Barrels Per Day

BRIEF-Repsol Q3 Estimated Production 553,000 Barrels Per Day Oct 9 (Reuters) - Repsol SA REP.MC : Q3 ESTIMATED REFINING MARGIN INDICATOR IN SPAIN $4.0 PER BARREL Q3 ESTIMATED PRODUCTION 553,000 BARRELS PER DAY Source text for Workspace: ID:nCNM4V2mxw Further company coverage: REP.MC (Gdansk Newsroom)
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Top of the Street: ING, Lonza, Repsol

BUZZ-Top of the Street: ING, Lonza, Repsol A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Deutsche Bank cuts ING INGA.AS to "hold" from "buy" saying it expects less support from the Dutch lender's large but relatively short replicating portfolio going forward; it sees falling revenues next year while cost inflation will likely remain elevated, resulting in efficiency deterioration in 2025 ** Exane BNP Paribas downgrades Repsol REP.MC to "neutral" from "
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Middle East Crude-Oman, Dubai premiums edge higher, Murban falls

Middle East Crude-Oman, Dubai premiums edge higher, Murban falls SINGAPORE, Oct 9 (Reuters) - Middle East crude benchmark premiums for Oman and Dubai edged higher on Wednesday, but the Murban premium inched lower. SINGAPORE CASH DEALS Cash Dubai's premium to swaps rose 1 cent to $1.82 a barrel. SELLER-BUYER PRICE ($/BBL) REPSOL-MITSUI 77.45 REPSOL-MITSUI 77.45 TRAFIGURA-MITSUI 77.45 REPSOL-MITSUI 77.45 REPSOL-TOTAL 77.43 TRAFIGURA-TOTAL 77.43 HENGLI-TOTAL 77.43 TRAFIGURA-TOTAL 77.43 PHILLIPS 66-
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Exane sees OPEC+ excess capacity looming over oil & gas sector

BUZZ-Exane sees OPEC+ excess capacity looming over oil & gas sector ** Exane BNP Paribas says it sees a "substantial" excess OPEC+ capacity hanging over the oil & gas sector "like the Sword of Damocles", anticipating a new phase for oil markets ** The broker warns that the excess OPEC+ capacity is colliding with insufficient global demand to absorb next year's expected non-OPEC supply growth ** Exane says the Brent oil price will have to move to a $60-65 per barrel level that may not only stimul
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Middle East Crude Benchmarks rise; Oman, Dubai premiums lower than Sept average

Middle East Crude Benchmarks rise; Oman, Dubai premiums lower than Sept average SINGAPORE, Oct 8 (Reuters) - Middle East crude benchmarks rose on Tuesday, but the Oman and Dubai premiums remained below September average. SINGAPORE CASH DEALS Cash Dubai's premium to swaps rose 15 cents to $1.81 a barrel. SELLER-BUYER PRICE ($/BBL) TRAFIGURA-MITSUI 78.95 REPSOL-MITSUI 78.95 REPSOL-TOTAL 78.85 TRAFIGURA-MITSUI 78.95 REPSOL-MITSUI 78.94 RELIANCE-MITSUI 78.94 TRAFIGURA-TOTAL 78.94 EXXONMOBIL-MITSUI 7
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Middle East Crude-Oman, Dubai Benchmarks fall slightly, Murban up

Middle East Crude-Oman, Dubai Benchmarks fall slightly, Murban up SINGAPORE, Oct 7 (Reuters) - Middle East crude benchmarks for Oman and Dubai fell slightly on Monday, while Murban rose. SINGAPORE CASH DEALS Cash Dubai's premium to swaps fell 13 cents to $1.66 a barrel. SELLER-BUYER PRICE ($/BBL) PHILLIPS 66-TOTAL 78.1 TRAFIGURA-MITSUI 78.1 PHILLIPS 66-TOTAL 78.1 REPSOL-MITSUI 78.1 REPSOL-TOTAL 78.11 TRAFIGURA-TOTAL 78.1 HENGLI-TOTAL 78.1 RELIANCE-MITSUI 78.1 PHILLIPS 66-TOTAL 78.1 HENGLI-TOTAL
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