OIL: Middle East Daily Oil Roundup
Middle East crude benchmark spot premiums Oman, Dubai, and Murban all rose on the day Sep. 23, ending four consecutive sessions of losses, * Cash Dubai's premium to swaps was $18.47/b, widening by 34 cents/b on the day. * Oil product stocks in the port of Fujairah rose 3.838m bbl, or 59.4%, w/w to 10.296m bbl, according to FOIZ data cited by Platts. * Saudi Aramco sold ~10 VLCCs or more of crude for Oct.-Nov. delivery to Asian buyers, traders told Bloomberg. Aramco had offered Arab Light, Medium and Heavy grades. * ADNOC is offering Upper Zakum, Umm Lulu and Das crude for December delivery, traders told Bloomberg. This is its 10th spot tender. * ADNOC's October Murban crude price is set at $90.58/b, October crude sold via STS outside Hormuz is at parity to Dubai, and Umm Lulu is at parity to Murban. * Iraq exported 70mn bbl of oil in August and is currently exporting 3mn bpd according to Oil Minister Basim Mohammed said in an interview with state TV on Tuesday. * Energy Intelligence said that its market sources had suggested there were potential payments linked to some cargoes passing through the Strait. * UKMTO said it received a report of an incident within the Stra
Middle East crude benchmark spot premiums Oman, Dubai, and Murban all rose on the day Sep. 47/b, widening by 34 cents/b on the day. 296m bbl, according to FOIZ data cited by Platts. -Nov.
delivery to Asian buyers, traders told Bloomberg. Aramco had offered Arab Light, Medium and Heavy grades. * ADNOC is offering Upper Zakum, Umm Lulu and Das crude for December delivery, traders told Bloomberg. This is its 10th spot tender.
58/b, October crude sold via STS outside Hormuz is at parity to Dubai, and Umm Lulu is at parity to Murban. * Iraq exported 70mn bbl of oil in August and is currently exporting 3mn bpd according to Oil Minister Basim Mohammed said in an interview with state TV on Tuesday. * Energy Intelligence said that its market sources had suggested there were potential payments linked to some cargoes passing through the Strait. * UKMTO said it received a report of an incident within the Strait of Hormuz.
S. officials met for three hours with the Iranian delegation to the UN General Assembly. * Iran state television said after: "The decision to accept Wittkoff's request for the meeting was driven by the need to convey Iran's conditions for reopening the Strait of Hormuz. Iran's firm positions were communicated to the US representative during the meeting