NAPHTHA SPOT DEALS: Hyundai was looking to buy heavy full-range naphtha for its condensate splitter while Hanwha Total was also seeking the same grade of naphtha as Hyundai.

- Traders said Hanwha paid premiums in the low-single-digit level to Japan quotes on a cost-and-freight (C&F) basis for a cargo delivery to Daesan in first-half July.

- Hanwha Total had also bought three cargoes totalling an average of 75,000 tonnes on May 19 for first-half July delivery to Daesan at similar premium levels.

TENDERS: Bahrain Petroleum Company (Bapco) sold 50,000 tonnes of naphtha for July 28-31 loading to Shell at premiums of $8 to $9 a tonne to Middle East quotes on a free-on-board (FOB) basis, traders said.

- This could not be independently confirmed as the buyer and seller typically do not comment on their deals.

- Bapco does not usually sell naphtha in the spot market as it has long-term commitments with Asian buyers.

GASOLINE: Asia's gasoline crack slipped to a two-session low of $10.47 a barrel after hitting a one-month high in the previous session.

- But traders looked past the slight drop as they expect demand to stay firm at least from now through June.

REFINERY NEWS: Japan's top oil refiner, JXTG Nippon Oil & Energy Corp, will shut a 145,000-barrel-per-day (bpd) crude distillation unit (CDU) at its Sendai refinery for maintenance from June 12 to mid-July.