Middle East Crude-Benchmarks post small weekly gain on more attacks on Saudi

By Reuters News

- Spot premiums for Middle East crude benchmarks Oman and Dubai posted a small weekly gain on Friday, even though they stayed flat for the session, due to rising tension in the Gulf that threatened supply outlook.

Saudi Aramco 2222.SE on Thursday ordered the evacuation of its headquarters in Dhahran on the Gulf near Bahrain, Reuters reported, as fighting intensified between the world's largest crude exporter and Yemen-based Houthis.

Oil prices rose on Friday, with Brent crude touching a more than five-month high. O/R

SINGAPORE CASH DEALS

Cash Dubai's premium to swaps fell 2 cents to $8.23 a barrel.

Unipec will deliver a December-loading Oman crude cargo to Trafigura following the deals.

Glencore will deliver a December-loading Murban crude cargo to Trafigura following the deals.

SELLER-BUYER

PRICE ($/BBL)

GLENCORE-TRAFIGURA*

116.80

GLENCORE*-PHILLIPS 66

116.90

GLENCORE-TRAFIGURA*

116.80

UNIPEC-TRAFIGURA*

116.50

UNIPEC-TRAFIGURA*

116.80

BP-TRAFIGURA*

116.80

MITSUI-TRAFIGURA*

116.50

GLENCORE-TRAFIGURA*

116.80

BP-TRAFIGURA*

116.80

UNIPEC-TRAFIGURA*

116.50

GLENCORE-TRAFIGURA*

116.80

UNIPEC-TRAFIGURA*

116.80

MERCURIA*-PHILLIPS 66

116.90

BP-TRAFIGURA*

116.80

UNIPEC-TRAFIGURA*

116.80

GLENCORE-TRAFIGURA*

116.80

BP-TRAFIGURA*

116.80

UNIPEC-TRAFIGURA*

116.50

GLENCORE-TRAFIGURA*

116.80

UNIPEC-TRAFIGURA*

116.80

GLENCORE-TRAFIGURA*

116.80

MITSUI-TRAFIGURA*

116.80

GLENCORE-TRAFIGURA*

116.50

MERCURIA-TRAFIGURA*

116.80

GLENCORE-TRAFIGURA*

116.80

GLENCORE-TRAFIGURA*

116.80

GLENCORE-TRAFIGURA*

116.80

GLENCORE-TRAFIGURA*

116.80

GLENCORE-TRAFIGURA*

116.89

MITSUI-TRAFIGURA*

116.89

MERCURIA-TRAFIGURA*

116.89

MERCURIA*-BP

116.90

UNIPEC-TRAFIGURA*

116.89

GLENCORE-TRAFIGURA*

116.89

GLENCORE-TRAFIGURA*

116.89

UNIPEC-TRAFIGURA*

116.89

MITSUI-TRAFIGURA*

116.89

GLENCORE-TRAFIGURA*

116.89

UNIPEC-TRAFIGURA*

116.89

GLENCORE-TRAFIGURA*

116.89

UNIPEC-TRAFIGURA*

116.89

BP-TRAFIGURA*

116.89

GLENCORE-EXXONMOBIL*

116.70

UNIPEC-TRAFIGURA*

116.70

MERCURIA*-TRAFIGURA

116.80

GLENCORE-TRAFIGURA*

116.80

GLENCORE-TRAFIGURA*

116.80

MITSUI-TRAFIGURA*

116.90

MERCURIA-TRAFIGURA*

116.80

GLENCORE-TRAFIGURA*

116.90

BP-TRAFIGURA*

116.90

PRICES ($/BBL)

CURRENT

PREV SESSION

GME OMAN

116.77

114.75

GME OMAN DIFF TO DUBAI

8.10

7.60

CASH DUBAI

116.90

115.40

NEWS

A Malta-flagged tanker carrying 40,000 metric tons of Russian diesel is heading towards New York following an agreement with US President Donald Trump, LSEG data showed on Friday.

Japan's government is considering scaling back gasoline subsidies from as early as December amid growing concerns that funding for the costly measure could eventually run short, two ruling party officials familiar with the matter said on Friday.

India's state-run Hindustan Petroleum Corp is increasingly buying Middle Eastern crude on a delivered basis, as producers with stranded cargoes offer discounts to offset higher freight costs, its chair said on Friday.

India's crude oil imports rose more than 16% in September from the previous month to 22.26 million metric tons, government data showed on Friday.

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

Brent

Dubai

GME Oman

Brent/Dubai EFS

PRODUCT CRACKS

Fuel oil crack

Gasoil crack

Naphtha crack

Gasoline crack

Complex refining margins

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