SINGAPORE CASH DEALS Cash Dubai's premium to swaps fell 4 cents to $1.37 a barrel. ExxonMobil will deliver a May loading Upper Zakum cargo to PetroChina following the deals. This brings the total number of cargoes delivered on window this month to 15 - including 11 Upper Zakum cargoes and two cargoes each of al-Shaheen and Oman. PetroChina and Total are the top buyers this month. SELLER-BUYER PRICE VITOL-TOTAL 77.75 VITOL-PETROCHINA 77.80 EXXONMOBIL-PETROCHINA 77.80 VITOL-TRAFIGURA 77.75 VITOL-PETROCHINA 77.75 VITOL-TOTAL 77.75 VITOL-TRAFIGURA 77.75 VITOL-TOTAL 77.75 VITOL-PETROCHINA 77.75 VITOL-TRAFIGURA 77.75 VITOL-TOTAL 77.75 VITOL-PETROCHINA 77.75 VITOL-TRAFIGURA 77.75 VITOL-TOTAL 77.75 VITOL-PETROCHINA 77.80 VITOL-PETROCHINA 77.75 RELIANCE-TRAFIGURA 77.75
PRICES ($/BBL) CURRENT PREV SESSION DME OMAN 77.20 77.64 DME OMAN DIFF TO DUBAI 0.82 1.06 CASH DUBAI 77.75 77.99
NEWS U.S. crude oil stockpiles fell unexpectedly last week as refineries restarted operations after maintenance and imports fell to a two-year low, the Energy Information Administration said on Wednesday.
A U.S. government auction of oil and gas drilling rights in the Gulf of Mexico generated $263.8 million in high bids, the most of any sale in the region for years and the first test of demand for investment since the Russian invasion of Ukraine. U.S. oil and gas activity stalled in the first quarter as production gains slowed and drillers' outlooks turned negative, according to a survey released on Wednesday by the Federal Reserve Bank of Dallas. Privately controlled Zhejiang Petrochemical Corp (ZPC), operator of China's largest refinery, said on Thursday it has reached a strategic agreement with state refining giant Sinopec on the domestic marketing of its fuel.
Qantas Airways Ltd and Airbus SE will jointly invest A$2 million ($1.34 million) in a biofuel refinery being set up in Australia's Queensland state that would convert agricultural by-products into sustainable aviation fuel (SAF).
For crude prices, oil product cracks and refining margins,
please click on the RICs below.
Brent Dubai DME Oman Brent/Dubai EFS PRODUCT CRACKS
Fuel oil crack Gasoil crack Naphtha crack Complex refining margins (Reporting by Florence Tan; Editing by Krishna Chandra Eluri)
Asia Europe Americas CRUDE OIL MARKET NEWS
Crude oil tenders in Asia Crude oil supply outages in Asia Refinery outages in Asia Global arbitrage news and flows W.African crude imports to Asia, monthly REFINERY MAINTENANCE DIARIES
Asia Middle East Europe NATIONAL CRUDE IMPORT DATA
Japan China India S.Korea Indonesia CRUDE OIL INVENTORY DATA
Japan US Europe CRUDE OIL PRODUCTION/OILFIELD NEWS
OPEC output survey New Africa fields New projects New Americas fields CRUDE OIL MARKET REPORTS
Middle East Asia-Pacific West Africa North Sea Asia outlook Europe outlook Global futures report Technicals report PRICES
For all Official Selling Prices For a POLL on oil prices NYMEX and ICE oil futures TOCOM crude oil futures Dubai, Oman swaps and spread Middle East physical crude diffs Australia physical crude, Tapis swaps Asia-Pacific physical crude All Asian crude oil differentials All Asian crude oil outright prices ))
