Page 21 - Murban News Today

Saudi Aramco lowered almost all of its official selling prices across Asia, Europe and the Mediterranean for June-loading cargoes and kept US differentials unchanged, with Asia-bound barrels seeing the largest decreases of between $4.95/b and $5.10/b, according to a pricing document released May 8. For Asia-bound crude, Aramco decreased Arab Extra Light, Light, Medium and ...

Thailand plans to actively purchase spot crude cargoes over the coming months to top up its overall feedstock intake to accommodate rising refinery run rates, as Southeast Asia’s second-biggest economy expects domestic fuel demand to rapidly increase with its tourism industry poised to make a stellar recovery. Thailand imported 2.34 million b/d of crude oil ...

Abu Dhabi National Oil Co., or ADNOC, has allocated full term volumes to a few buyers in India and China for July-loading crude, according to market participants surveyed by S&P Global Commodity Insights May 4. Allocations to other refiners in Asia could not be immediately confirmed. ADNOC could not be reached for a comment by ...

The fuel price follow-up committee in the UAE decided, on Friday, the prices of fuel and its derivatives, which will be applied as of the first of next May.

Abu Dhabi National Oil Co. has maintained the forecast for its flagship Murban crude available for export in April 2023 at 1.5 million b/d. In its latest report released April 27, the company kept the volume unchanged, with exports for January-March 2023 at 1.5 million b/d each. Murban, produced from 2,000 onshore wells, is ADNOC’s ...

Cross-linked news, and information resources about petroleum refineries

A shipping unit of France’s TotalEnergies (TTEF.PA) has provisionally chartered a tanker to load Abu Dhabi crude in early May for Europe, the first such shipment in two years, according to traders and a shipping report on Monday. CSSSA, TotalEnergies’ shipping arm, chartered suezmax tanker Moscow Spirit to load 1 million barrels of Murban crude ...

SINGAPORE, April 25 (Reuters) - A shipping unit of France's TotalEnergies (TTEF.PA) has provisionally chartered a tanker to load Abu Dhabi crude in early May for Europe, the first such shipment in two years, according to traders and a shipping report on Monday. CSSSA, TotalEnergies' shipping arm, chartered suezmax tanker Moscow Spirit to load 1 million barrels of Murban crude

Despite some headwinds in Asian markets, Middle East producers continue to hike OSPs as Europe considers a full oil embargo on Russian crude

Commodities trader Glencore has sold 1 million barrels of June-loading Murban crude to U.S. refiner Marathon Petroleum Corp in a rare deal, traders said on Thursday, as more U.S. refiners seek replacements for Russian oil. The deal also comes as the economics of moving Middle East crude to the United States, the world’s No. 2 ...