Middle East crude benchmark spot premiums for Dubai and Murban rose on Wednesday, while that for Oman was unchanged for a second session.

hai refiner IRPC bought five cargoes of Murban crude and one cargo of Qatar Land crude, all for January loading, trade sources said on Wednesday.

SINGAPORE CASH DEALS

Cash Dubai’s premium to swaps rose 9 cents to $0.66 a barrel.

Trafigura and Vitol will both deliver a January-loading Oman crude to TotalEnergies.

Unipec will both deliver two January-loading Oman crude cargoes to TotalEnergies.

Mitsui will deliver a January-loading Upper Zakum crude cargo to TotalEnergies.

REFINERY

BP BP.L has delayed the restart of a crude distillation unit and a coker at its 435,000 barrel-per-day Whiting, Indiana, refinery from maintenance, boosting fuel prices in the Chicago market, industry sources said on Tuesday.

NEWS

China’s fuel oil imports for October rose to their highest in five months, customs data showed on Wednesday.

Iraq’s fuel oil exports are on track to hit all-time highs this year after the country ramped up shipments in October, as domestic demand eased while output rose, according to industry sources and ship-tracking data.

Oil production in North Dakota, the third-largest producing state in the U.S., rose by 20,000 barrels per day (bpd) to 1.2 million bpd in September, monthly data from the state’s Industrial Commission showed on Tuesday.
Source: Reuters (Reporting by Siyi Liu in Singapore; Editing by Shounak Dasgupta)