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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.