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Asia-Pacific Crude-Vietnam offers more spot for December

Published 19/10/2018, 09:31 pm
© Reuters.  Asia-Pacific Crude-Vietnam offers more spot for December
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SINGAPORE, Oct 19 (Reuters) - The Asia-Pacific crude oil market remained steady on Friday as more Vietnamese spot supply entered the market.

VIETNAM

* Vietnam's PV Oil has offered 400,000 barrels of Dai Hung crude for loading over Dec. 25 to 31, an industry source said.

The tender closes on Oct. 23.

PV Oil last sold a November loading Dai Hung cargo at a premium of about $4.30 to $4.50 a barrel to dated Brent, sources have said.

BRENT-DUBAI EFS

* Brent's premium to Dubai swaps DUB-EFS-1M was at $2.64 per barrel for December, up 11 cents from the previous session.

NEWS

* Iraq's state oil marketer SOMO is seeking data from its customers to see where their Basra crude cargoes were eventually consumed to catch buyers who may have flouted their purchase agreements, multiple industry sources said this week. China's refinery throughput hit a record daily high in September as some independent plants restarted operations after prolonged shutdowns over summer to shore up inventories amid better fuel demand and robust margins, data showed on Friday.

* Libya's eastern oil export port of Hariga on Friday was working normally a day after a protest there, port workers said. Rising U.S. crude oil exports to Europe and Asia have had a knock-on effect in the futures market, turning the U.S. West Texas Intermediate contract into a near-24 hour benchmark, exchange operator CME Group (NASDAQ:CME) said. India's September crude oil imports rose 2.2 percent from a year earlier to 18.02 million tonnes, government data showed on Friday. imports of oil products surged nearly 18 percent and exports declined 3 percent, the data showed.

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

Brent

BRENTSGMc1

Dubai

DUBSGSWMc2

Brent/Dubai EFS

DUB-EFS-1M

PRODUCT CRACKS

Fuel oil crack

FO180SGCKMc1

Gasoil crack

GOSGCKMc1

Naphtha crack

NAFOBSGCKMc1

Complex refining margins REF/MARGIN1

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