Middle East crude benchmarks Oman, Dubai and Murban rebounded on Monday, up from the previous session's multi-year lows.
SINGAPORE CASH DEALS
Cash Dubai's premium to swaps rose 11 cents to minus $1.60 a barrel.
Seller-Buyer Price | MERCURIA-TRAFIGURA 66.90 | MERCURIA-TRAFIGURA 66.90 | MERCURIA-TRAFIGURA 67.00 |
PRICES ($/BBL)
CURRENT PREV SESSION | GME OMAN 66.69 64.48 | GME OMAN DIFF TO DUBAI -1.81 -2.73 | CASH DUBAI 66.90 65.50 |
REFINERY
A power outage on Sunday forced the shutdown of Venezuela's largest refinery, the 645,000-barrel-per-day Amuay, though the electric service was later restored, workers from that facility and residents said.
NEWS
Middle East producers are pushing ahead with loading oil and liquefied natural gas despite fresh ship attacks in the Strait of Hormuz and renewed strikes between the U.S. and Iran in recent days, shipping data showed.
Oil prices steadied on Monday as Iran and the United States agreed to halt recent hostilities in the Gulf and Middle East producers pushed ahead with loading oil and liquefied natural gas despite fresh ship attacks.
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) |