Crude/Condensate: Jun 17-21: INPEX sells two cargoes of Aug Ichthys
Middle East Crude In trade for Das, Fuji Oil bought 500,000barrels of August-loading Das from US Phillips 66 at premiums of 6-7cts to Dubai quotes. PTT Public Co purchased one cargo of August-loading Das from Saudi Aramco Trading Co (ATC) at premiums of 6-9cts to Dubai quotes. Meanwhile, PTT procured one cargo of Umm Lulu from France's Total Energies at premiums in the high $0.80's to Dubai quotes.
African/European/Russian/American Crude For July-loading Doba, European Glencore sold one cargo. The buyer was a player in Europe and the price was heard at a discount of mid $2.00s to Dated Brent. In the trade of US grades bound for Asia, state-owned PTT Public Co on Tuesday was said to have purchased 1.0 mil bbls of WTI Midlands for September arrival. The price details were unclear but the seller was said to be US Occidental.
Asia Pacific Crude In trade for August-loading Australian grades, INPEX awarded an Ichthys condensate sell tender to US ExxonMobil. The awarded price was said to be at discounts in the $1's to Dated Brent. INPEX also awarded an another Ichthys condensate sell tender to Hanwha Total Energies. The awarded price was said to have been at premiums in the high $2's to Dated Brent on a CFR Korea basis. In trade for August-loading Vietnamese grades, PetroVietnam Oil Corp (PV OIL) awarded a Chim Sao sell tender. The awarded price was apparently at premiums in the mid-high $6's to Dated Brent.
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