Unipec, the trade arm of Asia's top refiner Sinopec, is heard having bought some 11 or even more Upper Zakum cargoes last month, alongside "bigger than normal" volume of West African crude, traders said.
OSP
Indonesia has set the official Indonesia Crude Price (ICP)
for Minas crude oil at $84.94 a barrel for April 2023, up $6.38
from the previous month, a document from the Ministry of Energy
& Mineral Resources showed.
The April Minas alpha, or price difference to dated Brent,
was set at minus $3.31 a barrel, down 77 cents from a month
earlier, the document which was seen by Reuters showed.
SINGAPORE CASH DEALS
Cash Dubai's premium to swaps gained 6 cents to $1.55 a
barrel.
Seller-Buyer Price
VITOL-TOTAL 72.85
EXXONMOBIL-TOTAL 72.85
VITOL-TOTAL 72.85
EXXONMOBIL-TOTAL 72.90
RELIANCE-TRAFIGURA 72.94
VITOL-PETROCHINA 72.95
RELIANCE-TRAFIGURA 72.94
BP-SHELL 72.94
EXXONMOBIL-PETROCHINA 72.95
RELIANCE-TOTAL 72.94
BP-SHELL 72.94
RELIANCE-TOTAL 72.94
VITOL-SHELL 72.94
PRICES ($/BBL)
CURRENT PREV SESSION
DME OMAN 72.66 73.57
DME OMAN DIFF TO DUBAI 1.27 1.43
CASH DUBAI 72.94 73.63
NEWS More than half of the 22 oil tankers in Venezuela's fleet are so run down that they should be immediately repaired or taken out of service, according to an internal report from state-run oil company PDVSA that was shared exclusively with Reuters. Iraq expects to reach an agreement with the Kurdistan Regional Government (KRG) to restart oil export flows from the country's semi-autonomous Kurdistan region within two weeks, Oil Minister Hayan Abdel-Ghani said at a conference in Baghdad on Wednesday. Kazakhstan Railways will ban transportation of oil products to the Russian Black Sea port of Taman starting from May 8, according to a document from the state-owned railway operator, seen by Reuters on Thursday. Inventories of middle distillates in storage at key trading hub Singapore edged lower as gasoil imports fell week-on-week, official data showed on Thursday.
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 Muyu Xu)
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 ))
