The Middle East crude market was steady on Thursday as traders took stock of the official selling prices already announced by Saudi Arabia, Abu Dhabi National Oil Co and Qatar this week and waited for refiners to prepare their plans for the month. Saudi Arabia raised light crude prices to Asia, while Adnoc’s priced in higher differentials, and Qatar’s differentials remained unchanged. Oman offered 2m barrels of prompt crude, traders said on Thursday. The tender closed on Wednesday, they added. No further details were available. Oman’s ministry of oil and gas was not immediately reachable for comment. Last month, Oman sold 1 million barrels of prompt October crude to Mercuria Energy Trading, following an outage at its Minal Al Fahal refinery after a fire. Yemen has offered 2.6 million barrels of its January Masila crude through a tender that closes on Friday and is valid until on Monday. Shell bought three January Dubai partials from Phibro at $104.75 per barrel. An early-winter storm brought snow, rain and dangerous winds to the US Northeast, plunging many residents of the most populous region of the country back into darkness just as they were recovering from Sandy.
GMT 18:36 2017 Tuesday ,26 December
Scenting a recovery, oil producers ratchet up spendingGMT 20:43 2017 Monday ,25 December
Oil markets will witness balance in 2018: Iraqi Oil MinisterGMT 16:17 2017 Sunday ,24 December
Iraq invites bids for new oil pipelineGMT 14:26 2017 Friday ,22 December
Energy prices bump key US inflation index up in NovemberGMT 17:59 2017 Tuesday ,19 December
Japan trade surplus drops sharply on higher oil importsGMT 17:31 2017 Thursday ,14 December
Energy costs push US consumer inflation higher as Fed meetsGMT 15:30 2017 Wednesday ,29 November
Shell resumes all-cash dividend as oil price recoversGMT 13:22 2017 Sunday ,26 November
Chinese demand teaser to weigh on Vienna oil summit
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor