Middle East Crude-Benchmarks drift lower as oil extends declines

Reuters
01-22
Middle East Crude-Benchmarks drift lower as oil extends declines

SINGAPORE, Jan 22 (Reuters) - Middle East crude benchmarks Oman, Dubai and Murban drifted lower for a third session on Wednesday amid a decline in oil prices.

Oil prices trended lower after Trump on Monday laid out a sweeping plan to maximise oil and gas production, including declaring a national energy emergency to speed permitting, rolling back environmental protections, and withdrawing the U.S. from the Paris climate pact.

Taiwan's CPC bought about six million barrels of WTI Midland crude from Shell SHEL.L, Vitol and ATC at around $5 a barrel above March-dated Brent for April arrival, trade sources said on Wednesday.

SINGAPORE CASH DEALS

Cash Dubai's premium to swaps fell 24 cents to $4.46 a barrel.

Reliance will deliver a March-loading Upper Zakum crude cargo to TotalEnergies following the deals.

Unipec will deliver a March-loading Murban crude cargo to TotalEnergies following the deals.

SELLER-BUYER

PRICE ($/BBL)

UNIPEC-TOTAL

82.25

KOCH-IDEMITSU

82.20

PETROCHINA-TOTAL

82.20

RELIANCE-TOTAL

82.23

TRAFIGURA-TOTAL

82.22

PETROCHINA-TOTAL

82.20

UNIPEC-TOTAL

82.20

UNIPEC-TOTAL

82.20

UNIPEC-TOTAL

82.20

MITSUI-TOTAL

82.10

UNIPEC-TOTAL

82.20

RELIANCE-TOTAL

82.23

UNIPEC-TOTAL

82.20

UNIPEC-TOTAL

82.20

MITSUI-TOTAL

82.10

UNIPEC-TOTAL

82.20

UNIPEC-TOTAL

82.20

PETROCHINA-TOTAL

82.20

MITSUI-TOTAL

82.10

TRAFIGURA-TOTAL

82.21

UNIPEC-TOTAL

82.20

RELIANCE-TOTAL

82.21

PETROCHINA-TOTAL

82.20

UNIPEC-TOTAL

82.20

UNIPEC-TOTAL

82.20

PETROCHINA-IDEMITSU

82.10

KOCH-TOTAL

82.20

UNIPEC-TOTAL

82.20

RELIANCE-TOTAL

82.21

UNIPEC-TOTAL

82.20

UNIPEC-TOTAL

82.20

UNIPEC-TOTAL

82.20

UNIPEC-TOTAL

82.20

RELIANCE-TOTAL

82.21

PETROCHINA-TOTAL

82.20

UNIPEC-TOTAL

82.20

KOCH-TOTAL

82.21

UNIPEC-TOTAL

82.20

RELIANCE-TOTAL

82.21

VITOL-TOTAL

82.20

UNIPEC-TOTAL

82.20

RELIANCE-TOTAL

82.21

UNIPEC-TOTAL

82.20

UNIPEC-TOTAL

82.20

VITOL-TOTAL

82.15

UNIPEC-TOTAL

82.20

RELIANCE-TOTAL

82.21

KOCH-TOTAL

82.21

PRICES ($/BBL)

CURRENT

PREV SESSION

GME OMAN

82.22

83.11

GME OMAN DIFF TO DUBAI

4.53

4.74

CASH DUBAI

82.15

83.07

NEWS

Saudi Arabia's crude oil exports in Nov rose to 6.206 million barrels per day from 5.925 million bpd in Oct, official data showed on Wednesday.

Chinese state oil and gas company CNOOC 0883.HK600938.SS has lifted its 2025 production target by 5.6-8.3% to a record high versus 2024 output.

Sri Lanka's foreign minister said on Wednesday that the South Asian island nation had signed an agreement with Chinese state energy giant Sinopec 600028.SS to fast-track a proposed $3.7 billion oil refinery in its southern port city of Hambantota.

Indonesia will exempt oil and gas exporters from its new rule that all proceeds from natural resource exports be kept onshore for a year, as companies urge adjustments to the rule out of concern over its impact on their cashflows.

For crude prices, oil product cracks and refining margins, please click on the RICs below.

Brent

BRENTSGMc1

Dubai

DUBSGSWMc2

GME Oman

OQc1

Brent/Dubai EFS

DUB-EFS-1M

PRODUCT CRACKS

Fuel oil crack

FO180SGCKMc1

Gasoil crack

GO10SGCKMc1

Naphtha crack

NAF-SIN-CRK

Gasoline crack

GL92-SIN-CRK

Complex refining margins

REF/MARGIN1

(Reporting by Siyi Liu in Singapore; Editing by Tasim Zahid)

((siyi.liu@thomsonreuters.com;))

RECENT CRUDE OIL TRADES:
Asia ACRU/T  Europe CRU/T Americas CRU/TU
      
CRUDE OIL MARKET NEWS      
Crude oil tenders in Asia                       CRU/TENDA
Crude oil supply outages in Asia                CRU/OUT-ASIA-O      
Refinery outages in Asia                        REF/OUT-ASIA-O      
Global arbitrage news and flows                 O/CRUDEARB      
W.African crude imports to Asia,  monthly       O/WAFRICA1      
REFINERY MAINTENANCE DIARIES      
Asia REF/A   Middle East REF/ME   Europe REF/E      
                       
NATIONAL CRUDE IMPORT DATA      
Japan     METI/JP1   China   O/CHINA1      
India     O/INDIA2   S.Korea O/KOREA1      
Indonesia O/INDO1-CRU         
                       
CRUDE OIL INVENTORY DATA      
Japan O/JAPAN1  US EIA/S  Europe O/EUROIL1      
                    
CRUDE OIL PRODUCTION/OILFIELD NEWS      
OPEC output survey OPEC/O          New Africa fields    AFR/NEW 
New projects       ENERGY/NEW      New Americas  fields AM/NEW
CRUDE OIL MARKET REPORTS      
Middle East             CRU/MAsia-Pacific         CRU/AP      
West Africa             CRU/WAF  North Sea            CRU/E      
Asia outlook            ASIA/CRU Europe outlook       EUR/CRU      
Global futures report   O/R      Technicals report    O/I      
                            
PRICES      
For all Official Selling  Prices       OSP/O      
For a POLL on oil  prices              O/POLL      
NYMEX and ICE oil  futures             OILOIL      
TOCOM crude oil  futures               0#JCO:      
Dubai, Oman swaps and  spread          ASIA/SWAP/CRUDE      
Middle East physical crude diffs       CRUDE/ASIA2      
Australia physical crude, Tapis swaps  CRUDE/ASIA1      
Asia-Pacific physical crude            CRUDE/ASIA3      
All Asian crude oil  differentials     0#C-DIF-A
All Asian crude oil outright  prices   0#C-A

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。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10