SINGAPORE: Shell received another three Upper Zakum cargoes on Monday, bringing its total for this month to five, after a flurry of window trades in the Middle East crude market.
Elsewhere, spot activities were muted as traders waited for Russian crude tenders for further price direction.
RUSSIA: Sakhalin Energy will offer this month four crude cargoes loading in August to early September, one less than it had offered for sale in April, as planned maintenance later this year will reduce output, a source with knowledge of the matter said.
The Sakhalin Blend crude cargoes are to load on Aug. 1-6, 9-15, 20-26 and Aug. 28-Sept. 3, the source said.
WINDOW: Cash Dubai's premium to swaps fell 6 cents to $1.21 a barrel, after Shell bought most of the 40 July partials on window. Lukoil, Chinaoil and Unipec will deliver an Upper Zakum cargo each to Shell.
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