Middle East Crude

　Abu Dhabi National Oil Co (ADNOC) in the United Arab Emirates (UAE) informed its term contractors in Asia such as Japanese energy companies by Tuesday that ADNOC would supply February-loading Abu Dhabi grades term cargoes as per contracts. ADNOC was expected to supply February-loading term cargoes such as Murban and Das in accordance with the nominations.

ADNOC had been conducting maintenance at some oil fields such as Bab oil field from November to March in 2025 but ADNOC would keep February-loading supply volumes to long-term contractors. One trader in Singapore noted that ADNOC would spread out the timing of maintenance and maintain term supply.

African/European/Russian/American Crude

　A January loading schedule for Djeno in Congo were unveiled. A total of seven cargoes planned to be loaded, steady from normal months. Three cargoes in total (each 920,000bbl) were allocated to French Total Energies, while British based Perenco, US Chevron and Italian ENI would handle one cargo each. For December-loading Djeno, China International United Petroleum and Chemicals (UNIPEC), PTT Public Co in Thailand and China's independent refiner Landbridge Petrochemical purchase cargoes as reported.

Asia Pacific Crude

　Malaysia's state-owned Petronas awarded a Muda and Cakerawala sell tender to PTT Public Co. Through the tender closed on Monday with validity until Wednesday, Petronas was trying to sell Muda for Jan 22-31 loading and Cakerawala for Jan 4-13 loading. The awarded price of Muda was higher than that for December-loading, according to sources. PTT had won a December-loading Muda at premiums in the $1's to Dated Brent on a CFR Thailand basis.