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Middle East Crude Benchmarks rise; Oman, Dubai premiums lower than Sept average

Wednesday, 09 October 2024 | 00:00

Middle East crude benchmarks rose on Tuesday, but the Oman and Dubai premiums remained below September average.

SINGAPORE CASH DEALS

Cash Dubai’s premium to swaps rose 15 cents to $1.81 a barrel.

OSP

The Abu Dhabi National Oil Company (ADNOC) has set the November official selling price (OSP) of its benchmark Murban crude at $73.41 a barrel, down from October’s OSP of $77.94.

Top oil exporter Saudi Arabia raised the November price for its flagship Arab light crude to Asia to its highest since July.

NEWS

Turkey and Brazil have been the main importers of Russian seaborne diesel and gasoil since the European Union banned the import of Russian oil products
Source: Reuters (Reporting by Sudarshan Varadhan; Editing by Tasim Zahid)

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