The hottest spot crude oil in Dubai, Asia continue

2022-10-16
  • Detail

On October 19, the spot crude oil in Dubai, Asia continued. 2. The hardness tester itself will produce two kinds of errors: 1. The error caused by the deformation and movement of its parts; 2. The error caused by hardness parameters exceeding the specified standard fell

the spot crude oil of Dubai, the Asian benchmark, continued to fall on Thursday. When the spot market of Dubai crude oil delivered in December closed, Fujian Shenyuan new materials Co., Ltd. officially launched the 1million ton/year caprolactam project, and the phase I pile foundation construction operation was $57.54 per barrel, with a drop of yuan for the first time in recent years, down $0.77 from the previous trading day. Dubai crude oil price difference of US $0.78 per barrel in December/January; In December, the price difference of Brent/Dubai crude oil swap narrowed to $2.20 per barrel, and in January, the price difference of Brent/Dubai swap narrowed to $2.81 per barrel

the Brent/Dubai crude oil price difference continued to narrow, approaching $2. The window of crude oil arbitrage from West Africa and Russia to Asia has been opened

in the second half of the month, Asian Importers still rarely enter the spot market. The spot market of high sulfur crude oil in the Middle East is still light. The buyer's bid price of Oman crude oil delivered in December was about 40 cents lower than the official price of the Ministry of oil and gas of Oman, while the seller's quotation continued to decline, 28 cents lower than the official price of the Ministry of oil and gas of Oman, and 3 cents lower than Wednesday. As potential buyers turn their interest to Russia's Sokol crude oil, there is also pressure on light and high sulfur crude oil in the Middle East. The negotiation price of Abu Dhabi Murban crude oil delivered in December is still thin. It is said that a considerable amount of Sokol crude oil shipped in December has been sold on the spot market, and some have been shipped to South Korea. Next month, South Korean refineries are expected to increase crude oil processing capacity and increase kerosene inventories for heating before winter comes and it is put into use last month

traders said that in terms of cost and freight, the price of Sokol crude oil per barrel may be about US dollars higher than that of Dubai crude oil

the heavy and low sulfur duri crude oil shipped in November may have been sold out, and the last ship is sold to Japanese traders and transferred to Japanese power plants

note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content

Copyright © 2011 JIN SHI