* Surprise new cuts to the OPEC+ group's output targets could push oil prices towards $100 a barrel, setting the scene for another clash with the West grappling with higher interest rates, analysts and traders said on Monday.
* Russia's largest oil producer Rosneft and India's top refiner Indian Oil Corp agreed to use the Asia-focused Dubai oil price benchmark in their latest deal to deliver Russian oil to India, three sources familiar with the deal said.
* Russian oil product exports from the Black Sea port of Tuapse in April are set to rise by 3.9% month on month on a daily basis to 1.331 million tonnes, versus 1.324 million tonnes scheduled for March, two traders said on Monday.
* Saudi Arabia may raise crude prices for Asia in May after OPEC+ announced additional production cuts to shore up the market just as China's demand is expected to increase in the second quarter as refineries finish maintenance.
* Transatlantic gasoline shipments from Northwest Europe (NWE) fell for the second straight month in March to a near three-year low despite six consecutive weeks of inventory draws in the United States, Refinitiv data showed.
* Flows along the route dropped to about 462,000 tonnes in March, the lowest since April 2020 and compared with 611,000 tonnes in February, the data showed.
* Shipments to West Africa stood at 1.14 million tonnes in March, a four-month low, and down from 1.51 million tonnes loaded in February
* ARA gasoline stocks rose 1.6% to 1.47 million tonnes in the week to Thursday on slower exports to the U.S., data from Dutch consultancy Insights Global showed.
* U.S. gasoline stocks fell by 2.9 million barrels in the week to March 24 to 226.7 million barrels, according to the Energy Information Administration on Wednesday. [EIA/S} Trades Bids Offers Prev. Sellers Buyers (vol.) Trades
Ebob $900 $872 (3
Barges barges)
MOC
Platts
E5
(fob
ARA)
<EUROBOB
-ARA>
Ebob
Barges
E10
Platts(f
ob ARA)
Ebob $897 Total, Mabanaft Barges (10KT) Trafigu , Gunvor Argus ra
E5(fob
AR)
Ebob Assesse 3KT
Barges d at assesses
E10 $896.75 at
Argus $857.75
(fob AR)
April $866 $843.50
swap fob
ARA
Premium $928-$9 $893 (2 Neste Gunvor, Unleaded 31 (4 barges) Sahara (fob barges)
ARA)
<PU-10PP
-ARA>
Cargoes
(fob
MED)
Cargoes
(cif
NWE)
Naphtha
(cif April
NWE) +$6 to
<NAF-C-N +$16
WE>
Ebob crack (per barrel) $22.6 Prev. $22.7
Brent futures Rbob Rbob crack (Reporting by Shadia Nasralla; Editing by Shweta Agarwal)
