SINGAPORE: Sweet crude cargoes are gradually clearing in the Asia-Pacific crude market, with most of the Vietnamese supplies staying within the country, traders said on Thursday.
AUSTRALIA: Mitsui has sold a partial Enfield cargo at a premium between $3 and $3.50 a barrel to dated Brent to load in April 14-18, traders said. There had been an option to sell this cargo along with a partial Vincent but the latter remains unsold, they said.
VIETNAM: Vietnamese state oil marketer PV Oil may have sold its Ruby and heavy Bach Ho crude cargoes loading in April to its domestic Bin Son Refinery (BSR), traders said. This would be in addition to April-December Bach Ho light crude supplies that has also likely been awarded to BSR at about $3.50 a barrel above dated Brent, they said.
MALAYSIA: The official selling price of a basket of February-loading Malaysian crude oil grades has been set at $69.39 a barrel, Malaysian state oil firm Petronas said.
BRENT-DUBAI EFS
Brent's premium to Dubai swaps was at $3.67 per barrel for May.
NEWS
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