SINGAPORE: Middle East crude benchmark Dubai rose for a fourth straight session on Tuesday on the back of active trading, while DME Oman's premium to Dubai swaps slipped.
SRI LANKA
Sri Lanka's Ceylon Petroleum Corp is seeking to buy an alternative to its usual purchases of Murban crude oil, a tender document showed on Tuesday.
Ceylon Petroleum is requesting for 700,000 barrels of the alternative crude to Murban on a delivered basis into Colombo, the document stated. The cargo is for delivery between Oct. 20 and Oct. 24, and the tender closes on Aug. 14, with offers to remain valid for two weeks.
The company would like to do a price comparison with other crude oil grades to gauge the competitiveness of buying Murban, and will decide if it will switch to another grade based on the price offers, a company official said.
"The refinery is able to process different types of crude," the official added.
INDIA
India's Mangalore Refinery and Petrochemicals Ltd (MRPL) is seeking 1 million barrels of high sulphur crude oil for delivery over Oct. 11 to 20 in a tender that closes on Aug. 14 and valid until Aug. 15.
MRPL last bought 1 million barrels of Basrah Light for delivery in early October, traders said.
BAHRAIN
Bahrain Petroleum Co (Bapco) has offered 500,000 barrels of Abu Safah crude oil for loading in September.
The tender closes on Aug. 9 and is valid until Aug. 13.
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