Malaysia’s state oil firm Petronas has set the monthly price factors for May-loading crude as follows:
Price Adjustment (Alpha) Price Differential (Beta)
LMKK Tapis Blend Bintulu Dulang Cendor
May 7.90 -2.64 -2.18 2.09 0.66
April 7.60 -2.05 -1.12 1.16 0.43
NB: The differential is added to the benchmark Malaysian Crude Oil (MCO) price to derive values for four grades – Tapis Blend, Bintulu, Dulang, and Cendor.
Source: Reuters