off-the-wire

Malaysia's Petronas sets crude oil price factors for May

Kitco Media
By Reuters
Published:
Updated:
Reuters
SINGAPORE, April 28 (Reuters) - Malaysia's state oil firm Petronas has set the monthly price factors for May-loading crude as follows:



Price Adjustment (Alpha) Price Differential (Beta) LMKK Tapis Blend Bintulu Dulang Cendor May 7.80 -3.48 -2.17 1.16 1.31 April 6.65 -3.93 -2.63 1.37 1.30 NB: The differential is added to the benchmark Malaysian Crude Oil (MCO) price to derive values for four grades - Tapis Blend, Bintulu, Dulang, and Cendor. (Reporting by Muyu Xu; Editing by Janane Venkatraman)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.