XM does not provide services to residents of the United States of America.

Middle East Crude-Oman, Dubai edge higher; Murban slips



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Middle East Crude-Oman, Dubai edge higher; Murban slips</title></head><body>

SINGAPORE, Nov 8 (Reuters) -Middle East crude benchmarks premiums for Oman and Dubai rose marginally on Thursday, while that for Murban slipped.

Oil prices ticked up on Thursday following a sell-off triggered by the U.S. presidential election, as risks to oil supply from a Donald Trump presidency and a hurricane building in the Gulf Coast outweighed a stronger dollar and lower crude imports in top importer China.


SINGAPORE CASH DEALS

Cash Dubai's premium to swaps rose 1 cent to $0.71 a barrel.

Unipec will deliver a January Upper Zakum crude cargo to PetroChina following the deals.


SELLER-BUYER

PRICE ($/BBL)

UNIPEC-EQUINOR

74.01

TRAFIGURA-EQUINOR

74.04

UNIPEC-EQUINOR

74.01

UNIPEC-EQUINOR

74.01

TRAFIGURA-PETROCHINA

74.01

UNIPEC-PETROCHINA

74.01

TRAFIGURA-PETROCHINA

74.01

UNIPEC-PETROCHINA

74.01

TRAFIGURA-PETROCHINA

74.01

UNIPEC-EQUINOR

74.01

TRAFIGURA-PETROCHINA

74.01

UNIPEC-PETROCHINA

74.01

SHENGHONG-EQUINOR

74.00

UNIPEC-EQUINOR

74.01

PTT-PETROCHINA

74.01

EXXONMOBIL-PETROCHINA

74.01

PHILLIPS 66-PETROCHINA

74.00

RELIANCE-TOTAL

74.00

UNIPEC-PETROCHINA

74.01

PTT-EQUINOR

74.01

SHENGHONG-EQUINOR

74.00

EXXONMOBIL-PETROCHINA

74.01

RELIANCE-PETROCHINA

74.00

UNIPEC-PETROCHINA

74.01

MITSUI-TOTAL

74.00

EXXONMOBIL-PETROCHINA

74.01

SHENGHONG-EQUINOR

74.00

PHILLIPS 66-PETROCHINA

74.00

PTT-PETROCHINA

74.01

UNIPEC-PETROCHINA

74.01

VITOL-PETROCHINA

74.01

EXXONMOBIL-PETROCHINA

74.01

UNIPEC-PETROCHINA

74.01

PTT-PETROCHINA

74.01

MITSUI-PETROCHINA

74.01

EXXONMOBIL-PETROCHINA

74.01

VITOL-PETROCHINA

74.01

TRAFIGURA-PETROCHINA

74.01

UNIPEC-PETROCHINA

74.01

PHILLIPS 66-TOTAL

74.00

RELIANCE-PETROCHINA

74.01

EXXONMOBIL-PETROCHINA

74.01

UNIPEC-PETROCHINA

74.01

EXXONMOBIL-EQUINOR

74.00

TRAFIGURA-PETROCHINA

74.01

RELIANCE-PETROCHINA

74.01

MITSUI-PETROCHINA

74.01

PHILLIPS 66-TOTAL

74.00

VITOL-PETROCHINA

74.01

UNIPEC-PETROCHINA

74.01

EXXONMOBIL-EQUINOR

74.00

EXXONMOBIL-PETROCHINA

74.01

RELIANCE-PETROCHINA

74.01


PRICES ($/BBL)


CURRENT

PREV SESSION

GME OMAN

73.98

73.26

GME OMAN DIFF TO DUBAI

0.68

0.66

CASH DUBAI

74.01

73.30


NEWS

China's crude oil imports fell 9% in October, data showed on Thursday, a sixth consecutive monthly year-on-year decline, as a plant closure at a state oil refinery adds to weaker demand from independent refiners.

Global oil prices are expected to stay in the $70 to $80 per barrel range in 2025, similar to 2024, while geopolitical risks create uncertainty around supply, Russell Hardy, CEO of Vitol, the world's largest independent oil trader, said on Thursday.

China will continue to have an important role in global oil demand because of its focus on petrochemicals even as fuel consumption in its road transportation sector peaks amid energy transition, Vitol's global head of research said on Thursday.

U.S. shale producer Marathon Oil MRO.N beat Wall Street estimates for third-quarter profit on Wednesday, helped by higher production and resilient demand for oil.


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 and Florence Tan in Singapore; Editing by Rashmi Aich

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
</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.