SINGAPORE, Feb 28 (Reuters) - Middle East crude benchmarks Oman, Dubai and Murban recorded a loss for this month, after surging to multi-year highs in January.
Following the downward movement, market participants anticipated a small cut in Saudi Arabia's crude prices for Asian buyers in April.
The April official selling price $(OSP.AU)$ for flagship Arab Light crude may decline by 20 cents to 65 cents a barrel from March, four Asian refining sources said in a Reuters survey.
That suggests the April Arab Light price could come at a premium of $3.25-3.70 a barrel to the average of the benchmark Oman and Dubai prices, down from the $3.90 for March, the highest in more than a year.
The price announcement is expected next week.
SINGAPORE CASH DEALS
Cash Dubai's premium to swaps rose 76 cents to $4.13 a barrel. On a monthly basis, it dipped 7 cents.
SELLER-BUYER | PRICE ($/BBL) |
UNIPEC-TRAFIGURA | 77.50 |
RELIANCE-GUNVOR | 77.50 |
PTT-TRAFIGURA | 77.55 |
RELIANCE-VITOL | 77.50 |
RELIANCE-BP | 77.50 |
RELIANCE-TRAFIGURA | 77.45 |
RELIANCE-VITOL | 77.50 |
RELIANCE-PETROCHINA | 77.45 |
RELIANCE-VITOL | 77.50 |
RELIANCE-PETROCHINA | 77.49 |
RELIANCE-GUNVOR | 77.50 |
RELIANCE-VITOL | 77.50 |
PTT-PETROCHINA | 77.49 |
RELIANCE-TRAFIGURA | 77.45 |
RELIANCE-PETROCHINA | 77.45 |
RELIANCE-VITOL | 77.50 |
RELIANCE-GUNVOR | 77.49 |
RELIANCE-VITOL | 77.50 |
RELIANCE-PETROCHINA | 77.50 |
RELIANCE-GUNVOR | 77.49 |
RELIANCE-TRAFIGURA | 77.40 |
PTT-PETROCHINA | 77.50 |
RELIANCE-VITOL | 77.50 |
RELIANCE-GUNVOR | 77.49 |
PTT-PETROCHINA | 77.50 |
RELIANCE-GUNVOR | 77.49 |
PTT-VITOL | 77.50 |
RELIANCE-TRAFIGURA | 77.35 |
PRICES ($/BBL)
CURRENT | PREV SESSION | |
GME OMAN | 75.55 | 74.95 |
GME OMAN DIFF TO DUBAI | 2.33 | 2.32 |
CASH DUBAI | 77.35 | 76 |
NEWS
China's imports of Russian Far East crude and Iranian oil are set to rebound in March as non-sanctioned tankers, drawn by lucrative payoffs, joined the trade replacing vessels under U.S. embargo, trade sources and analysts said.
The cancellation of a license for Chevron CVX.N to operate in Venezuela could lead to the negotiation of a fresh agreement between the U.S. producer and state company PDVSA to export crude to destinations other than the United States, sources close to the talks said.
Baghdad will announce in the coming hours the resumption of oil exports from the semi-autonomous Kurdistan region through the Iraq-Turkey pipeline, according to an Iraqi oil ministry statement.
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 Shilpi Majumdar)
((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。