Oct 8 (Reuters) - Asia's gasoline margins improved on Tuesday after falling in the previous session.
The crack rose to $4.06 per barrel over Brent crude from $3.20 in the previous session.
Oman's OQLTD emerged as the biggest buyer at the closing window, snapping up 80% of the total number of the benchmark grade of octane traded.
In tenders, Pakistan's PSO is seeking 92-gasoline and 95-gasoline for the loading period of Nov. 1-5, the company website stated. PSO is also seeking an additional supply of three cargoes, each with a 55,000 metric tons load of 92-gasoline under a term contract for the loading periods of Nov. 20-25, Dec. 20-25, and Jan. 20-25, 2025. Both these tenders close on Oct. 14.
Additionally, PSO is also seeking 95-gasoline for the loading period of Nov. 1-5, the company listed on its website. The tender closes on Oct. 10.
In naphtha, the crack dipped for the third consecutive session to $109.95 per metric ton over Brent crude.
NEWS
Oil prices declined on Tuesday with concerns over potential oil supply disruption easing as the market still awaits an Israeli response to the Iranian rocket attacks last week which triggered the crude price rally. Brent crude futures fell $1.11, or 1.37%, to $79.82 per barrel. U.S. West Texas Intermediate futures fell $1.12, or 1.45%, to $76.82 a barrel.
Austrian oil and gas group OMV said on Tuesday it expected an impact of more than 200 million euros ($220 million) on its third-quarter clean operating result following oil production disruptions in Libya.
Brazilian state-run oil firm Petrobras produced a record 436,000 barrels of gasoline per day in the third quarter, up 2.8% from the same period a year earlier, according to a securities filing on Monday.
SINGAPORE CASH DEALS
Five gasoline deals and one naphtha trade.
PRICES
CASH ASIA CLOSE Change Prev Close RIC
OSN Naphtha CFR Japan M1 705.00 -5.25 710.25
($/mt)
OSN Naphtha CFR Japan M2 699.50 -5.50 705.00
($/mt)
OSN Naphtha Diff ($/mt) 5.50 0.25 5.25 <NAF-TYO-DIF
>
Naphtha Netback FOB Sing 76.33 -0.54 76.87
($/bbl)
Naphtha Diff FOB Sing 0.40 0.00 0.40 <NAF-SIN-DIF
>
Naphtha-Brent Crack 109.95 -7.80 117.75 <NAF-SIN-CRK
($/mt) >
Gasoline 97 ($/bbl) 87.34 1.20 86.14
Gasoline 95 ($/bbl) 87.90 1.20 86.70
Gasoline 92 ($/bbl) 83.40 1.20 82.20
Gasoline crack ($/bbl) 4.06 0.86 3.20 <GL92-SIN-CR
K>
For a list of derivatives prices, including margins, please double click the
RICs below.
Brent M1
Naphtha CFR Japan M1 <NACFRJPSWMc1
>
Naphtha CFR Japan M1/M2 <NACFRJPSDMc1
>
Naphtha CFR Japan M2 <NACFRJPSWMc2
>
Naphtha Japan-Sing <NAPTC4SPDMc1
Netback M1 >
Naphtha Japan-Sing <NAPTC4SPDMc2
Netback M2 >
Naphtha FOB Sing M1 <NAFOBSGSWMc1
>
Naphtha FOB Sing M1/M2 <NAFOBSGSDMc1
>
Naphtha FOB Sing M2 <NAFOBSGSWMc2
>
Naphtha Cracks M1 <NACFRJPCKMc1
>
East-West Naphtha M1
East-West Naphtha M2
NWE Naphtha M1
NWE Naphtha M1/M2 <NAPCNWEASMc1
>
NWE Naphtha M2
Crack NWE Naphtha-Brent <NAPCNWEACMc1
M1 >
Crack NWE Naphtha-Brent <NAPCNWEACMc2
M2 >
*Sing refers to
Singapore
(Reporting by Haridas; Editing by Vijay Kishore)
((Haridas.X@thomsonreuters.com;))
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。