* 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. Trades Bids Offers Prev. Sellers Buyers (vol.) Trades
Ebob $881 (2 Total Varo Barges barges)
MOC
Platts
E5
(fob
ARA)
<EUROBOB
-ARA>
Ebob
Barges
E10
Platts(f
ob ARA)
Ebob Total, Mabanaft Barges $897 Shell, , Argus $893.25 (10KT) Trafigu Gunvor, E5(fob -$903.5 ra Exxon, AR) 0 Varo (26KT)
Ebob assesse Assessed
Barges d at at
E10 $870.50 $896.75
Argus
(fob AR)
May swap
fob ARA $866
$850.75
Premium Shell Gunvor,
Unleaded Total,
(fob $888-$9 $928-$93 Sahara
ARA) 10 (6 1 (4
<PU-10PP barges) barges)
-ARA>
Cargoes
(fob
MED)
Cargoes
(cif
NWE)
Naphtha April
(cif +$3 to
NWE) +7
<NAF-C-N
WE>
Ebob crack (per barrel) $20.2 Prev. $21.2
Brent futures Rbob Rbob crack (Reporting by Shadia Nasralla; Editing by)
