SINGAPORE: Middle East crude benchmarks were mixed on Wednesday with DME Oman's premium to Dubai edging up 2 cents a barrel while cash Dubai weakened.
MIDEAST: Iraq's SOMO may have awarded a tender to sell 1 million barrels of Basra Heavy crude loading in December to Repsol at 15 cents a barrel above its OSP, a trader said. The deal could not be independently verified.
RUSSIA: ESPO crude premiums continued to climb as the Brent-Dubai spread widened further. Gazprom sold an ESPO cargo loading Feb. 3-13 via a tender at a premium of $3.25-$3.30 a barrel to an unknown buyer, traders said.
More ESPO are expected to move next week when the loading programme is finalised.
ASIA-PACIFIC CRUDE: China's Fuhaichuang, formerly Dragon Aromatics, may have bought two Australian condensate cargoes for February delivery, including a North West Shelf (NWS) condensate , traders said.
Mitsui has bought the only Pyrenees cargo loading in February at a premium of more than $4 a barrel to dated Brent, traders said.
More regional crude tenders are due to be awarded by the end of this week.
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