Asia-Pacific Crude-Firm Chinese demand supports Vietnam's Chim Sao

19 Jul, 2017

VIETNAM: Unipec bought all three Chim Sao cargoes from PV Oil via a tender. The first two cargoes were done at $2.80 a barrel above dated Brent while the third fetched a premium slightly above $3, traders said.

PV Oil is expected to also offer Thang Long and Song Doc to be loaded in September, in addition to a Ruby cargo, they said.

KIMANIS: More cargoes of September-loading Kimanis likely traded at 30-40 cents below its OSP, steady compared with an earlier deal on DME where Glencore bought a cargo from Petronas at a discount of 34 cents a barrel.

Copyright Reuters, 2017
 

 

 

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