Middle East Crude-Benchmark premiums rise slightly, range tightens
SINGAPORE, July 4 (Reuters) -Middle East crude benchmark premiums rose slightly on Thursday, with Dubai benchmarks recovering from a decline on Wednesday.
Spot premiums for the three benchmark grades were in the narrower range of $1.59-$1.73 on Thursday, compared with $1.51-$1.67 on Wednesday.
SINGAPORE CASH DEALS
Cash Dubai's premium to swaps rose 6 cents to $1.73 per barrel.
SELLER-BUYER | PRICE |
EXXONMOBIL-PETROCHINA | 86.75 |
HENGLI-MISTUI | 86.75 |
PHILLIPS 66-PETROCHINA | 86.75 |
HENGLI-MISTUI | 86.70 |
VITOL-MITSUI | 86.75 |
HENGLI-MISTUI | 86.75 |
HENGLI-MITSUI | 86.75 |
HENGLI-MISTUI | 86.75 |
PTT-TRAFIGURA | 86.65 |
HENGLI-MISTUI | 86.79 |
PHILLIPS 66-PETROCHINA | 86.75 |
HENGLI-MISTUI | 86.79 |
VITOLPETROCHINA | 86.75 |
HENGLI-MISTUI | 86.75 |
EXXONMOBIL-MITSUI | 86.79 |
HENGLI-MISTUI | 86.75 |
PTT-PETROCHINA | 86.75 |
HENGLI-MISTUI | 86.77 |
PTT-PETROCHINA | 86.75 |
HENGLI-MISTUI | 86.77 |
BP-PETROCHINA | 86.80 |
PRICES ($/BBL)
CURRENT | PREV SESSION | |
DME OMAN | 86.66 | 86.42 |
DME OMAN DIFF TO DUBAI | 1.59 | 1.51 |
CASH DUBAI | 86.80 | 86.58 |
NEWS
China has asked its state oil companies to add 8 million metric tons, or nearly 60 million barrels, of crude oil to the country's emergency stockpiles to boost supply security.
Russian gasoline exports by rail jumped by more than 70% in June from May to 423,101 metric tons after a ban on exports was waived.
U.S. crude shipments bound for Europe fell to a two-year low in June as European buyers bought cheaper regional and West African oil.
For crude prices, oil product cracks and refining margins, please click on the RICs below.
Brent | BRENTSGMc1 |
Dubai | DUBSGSWMc2 |
DME Oman | OQc1 |
Brent/Dubai EFS | DUB-EFS-1M |
PRODUCT CRACKS | |
Fuel oil crack | FO180SGCKMc1 |
Gasoil crack | GOSGCKMc1 |
Naphtha crack | NAF-SIN-CRK |
Complex refining margins | REF/MARGIN1 |
Reporting by Sudarshan Varadhan; Editing by Jan Harvey
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