Middle East Crude-Benchmarks slip to lowest in more than a month

Reuters
Aug 12
Middle East Crude-Benchmarks slip to lowest in more than a month

SINGAPORE, Aug 12 (Reuters) - Premiums for Middle East crude benchmarks Oman and Dubai extended their decline on Tuesday to their lowest in more than a month ahead of QatarEnergy's tenders to sell October-loading cargoes.

QatarEnergy has issued a tender to sell three al-Shaheen crude cargoes loading on October 1-2, 15-16 and 27-28, a trader said. The producer has also offered October-loading Qatar Land and Marine crude via tenders. These tenders will close on Wednesday.

SINGAPORE CASH DEALS

Cash Dubai's premium to swaps fell 21 cents to $2.27 a barrel.

SELLER-BUYER

PRICE ($/BBL)

BP-PETROCHINA

68.46

BP-TRAFIGURA

68.48

PHILLIPS 66-TRAFIGURA

68.48

GUNVOR-PETROCHINA

68.47

GLENCORE-PETROCHINA

68.49

BP-PETROCHINA

68.49

PHILLIPS 66-TRAFIGURA

68.48

HENGLI-PETROCHINA

68.48

RELIANCE-TRAFIGURA

68.48

EXXONMOBIL-PETROCHINA

68.49

GLENCORE-PETROCHINA

68.49

UNIPEC-TRAFIGURA

68.48

BP-PETROCHINA

68.49

EXXONMOBIL-PETROCHINA

68.49

UNIPEC-TRAFIGURA

68.49

EXXONMOBIL-PETROCHINA

68.49

UNIPEC-VITOL

68.49

HENGLI-TRAFIGURA

68.49

UNIPEC-TOTAL

68.50

RELIANCE-PETROCHINA

68.49

EXXONMOBIL-VITOL

68.49

EXXONMOBIL-TRAFIGURA

68.49

HENGLI-PETROCHINA

68.50

EXXONMOBIL-PETROCHINA

68.49

RELIANCE-PETROCHINA

68.50

EXXONMOBIL-TRAFIGURA

68.49

BP-PETROCHINA

68.50

EXXONMOBIL-VITOL

68.49

UNIPEC-PETROCHINA

68.50

RELIANCE-PETROCHINA

68.50

GLENCORE-TRAFIGURA

68.49

EXXONMOBIL-PETROCHINA

68.49

GLENCORE-TRAFIGURA

68.49

EXXONMOBIL-VITOL

68.49

UNIPEC-PETROCHINA

68.50

UNIPEC-PETROCHINA

68.50

UNIPEC-PETROCHINA

68.50

EXXONMOBIL-TOTAL

68.49

UNIPEC-PETROCHINA

68.50

RELIANCE-PETROCHINA

68.53

PRICES ($/BBL)

CURRENT

PREV SESSION

GME OMAN

68.46

67.98

GME OMAN DIFF TO DUBAI

2.23

2.42

CASH DUBAI

68.50

68.04

REFINERY

India's HPCL-Mittal Energy Ltd (HMEL) plans to shut its Bathinda oil refinery in the northern Punjab state for about 40 days from early November for maintenance, two sources familiar with the plan said.

NEWS

Sinochem has delivered its first Middle East crude cargo during the Platts Dubai Market on Close process, trade sources said, part of an effort by the Chinese firm to step up oil trading in Asia.

PT Kilang Pertamina Internasional, the refinery unit of Indonesian state energy company Pertamina, has started its first shipments of sustainable aviation fuel made partly from used cooking oil, the company said on Tuesday.

Vietnam's Long Son Petrochemicals, a unit of Thailand's SCG Chemicals, will resume its operations late this month following a suspension from November last year, SCG said on Tuesday.

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 Florence Tan; Editing by Harikrishnan Nair)

((Florence.Tan@thomsonreuters.com;))

RECENT CRUDE OIL TRADES:
Asia ACRU/T  Europe CRU/T Americas CRU/TU
      
CRUDE OIL MARKET NEWS      
Crude oil tenders in Asia                       CRU/TENDA
Crude oil supply outages in Asia                CRU/OUT-ASIA-O      
Refinery outages in Asia                        REF/OUT-ASIA-O      
Global arbitrage news and flows                 O/CRUDEARB      
W.African crude imports to Asia,  monthly       O/WAFRICA1      
REFINERY MAINTENANCE DIARIES      
Asia REF/A   Middle East REF/ME   Europe REF/E      
                       
NATIONAL CRUDE IMPORT DATA      
Japan     METI/JP1   China   O/CHINA1      
India     O/INDIA2   S.Korea O/KOREA1      
Indonesia O/INDO1-CRU         
                       
CRUDE OIL INVENTORY DATA      
Japan O/JAPAN1  US EIA/S  Europe O/EUROIL1      
                    
CRUDE OIL PRODUCTION/OILFIELD NEWS      
OPEC output survey OPEC/O          New Africa fields    AFR/NEW 
New projects       ENERGY/NEW      New Americas  fields AM/NEW
CRUDE OIL MARKET REPORTS      
Middle East             CRU/MAsia-Pacific         CRU/AP      
West Africa             CRU/WAF  North Sea            CRU/E      
Asia outlook            ASIA/CRU Europe outlook       EUR/CRU      
Global futures report   O/R      Technicals report    O/I      
                            
PRICES      
For all Official Selling  Prices       OSP/O      
For a POLL on oil  prices              O/POLL      
NYMEX and ICE oil  futures             OILOIL      
TOCOM crude oil  futures               0#JCO:      
Dubai, Oman swaps and  spread          ASIA/SWAP/CRUDE      
Middle East physical crude diffs       CRUDE/ASIA2      
Australia physical crude, Tapis swaps  CRUDE/ASIA1      
Asia-Pacific physical crude            CRUDE/ASIA3      
All Asian crude oil  differentials     0#C-DIF-A
All Asian crude oil outright  prices   0#C-A

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