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Asia crude oil: Key market indicators for June 28-July 2 | Hellenic Shipping News Worldwide

Asia crude oil: Key market indicators for June 28-July 2
In the week of June 28-July 2, crude oil will continue its climb as market sources expect the OPEC+ coalition to announce only a marginal increase in production quotas in August.
August ICE Brent crude futures were pegged at $76.07/b at 0200 GMT June 28, 35 cents/b higher from the 0830 GMT Asian close on June 25.
Middle East Crude
Market participants await the issuance of August official selling prices with a price hike for lighter crude grades on the back of a stronger sour complex this month.
India’s crude demand is in focus amid some COVID-19 recovery, while Chinese demand may stay capped amid less-than-expected import quotas issued. ....

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Asia crude oil: Key market indicators this week | Hellenic Shipping News Worldwide

Asia crude oil: Key market indicators this week
Asia’s crude oil market entered the trading week starting May 3 on a cautious note as the easing of OPEC+ production cuts adds to supply while demand concerns remain high amid a resurgence of COVID-19 infections in several key Asian economies. July ICE Brent crude futures were pegged at $66.63/b at 0300 GMT May 3, down $1.10/b from the 0830 GMT Asian close on April 30.
Middle East
The week commences with eyes on the issuance of official selling prices by Middle East oil producers. Abu Dhabi National Oil Co. issued its OSPs for June after the launch of the IFAD Murban futures. The prices for the other ADNOC grades like Das Blend, Umm Lulu and Upper Zakum have been pegged at differentials to Murban. ....

United Arab Emirates , Abuz Aby , Abu Dhabi , Saudi Arabia , Umm Lulu , July Brent , Malaysian Crude Oil , Qatar Petroleum , Brent Dubai Exchange Of Futures , China National Bureau Of Statistics , Saudi Aramco , Energy Information Administration , Commerce Department , Abu Dhabi National Oil Co , Middle East , Dhabi National Oil , Das Blend , Upper Zakum , Dubai Exchange , North West Shelf , Papua New Guinea , Kutubu Blend , Dated Brent , South Sudan , May Loading Nile Blend , June Loading Dar Blend ,

Asia crude oil: Key market indicators this week

Singapore
Asia s crude oil market entered the trading week starting May 3 on a cautious note as the easing of OPEC+ production cuts adds to supply while demand concerns remain high amid a resurgence of COVID-19 infections in several key Asian economies. July ICE Brent crude futures were pegged at $66.63/b at 0300 GMT May 3, down $1.10/b from the 0830 GMT Asian close on April 30.
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Middle East
The week commences with eyes on the issuance of official selling prices by Middle East oil producers. Abu Dhabi National Oil Co. issued its OSPs for June after the launch of the IFAD Murban futures. The prices for the other ADNOC grades like Das Blend, Umm Lulu and Upper Zakum have been pegged at differentials to Murban. ....

United Arab Emirates , Abuz Aby , Abu Dhabi , Saudi Arabia , Umm Lulu , July Brent , Malaysian Crude Oil , Qatar Petroleum , Brent Dubai Exchange Of Futures , China National Bureau Of Statistics , Saudi Aramco , Energy Information Administration , Commerce Department , Abu Dhabi National Oil Co , Middle East , Dhabi National Oil , Das Blend , Upper Zakum , Dubai Exchange , North West Shelf , Papua New Guinea , Kutubu Blend , Dated Brent , South Sudan , May Loading Nile Blend , June Loading Dar Blend ,