CHENNAI, India, May 17 (Reuters) - The Middle East crude market weakened on Friday after Qatar sold July al-Shaheen via tender at slightly lower premiums than last month, underscoring the bearish sentiment as a result of still-weak margins. *TENDERS - Qatar International Petroleum Marketing Co, or Tasweeq, sold seven 600,000-barrel cargoes of al-Shaheen crude for July at $1.1-$1.2 per barrel over Dubai quotes, trading sources said. June cargoes were sold at $1.00-$1.50 a barrel above Dubai, with most of the cargoes traded at premiums between $1.20 and $1.30. Japanese refiner TonenGeneral Sekiyu, India's Reliance Industries Ltd, and Thailand's PTT were among the buyers, the sources said. *TRADES: - July Murban may have changed hands at 15 cents below its official selling price, traders said. The seller may have been Exxon, they added. - In the cash market, Royal Dutch Shell bought three of the four July Dubai partials traded, two from Vitol and one from Phibro, according to data collated from traders. Phibro also sold one partial to Mercuria. The traded price of the partials ranged between $100.80-$100.90 per barrel. *MARKET NEWS - Militants blew up part of a pipeline carrying crude from Iraq's Kirkuk to Turkey's Mediterranean port of Ceyhan early on Friday, halting the oil flows for the third time since an attack May 6, sources at Iraq's North Oil Company said.ID:nL6N0DY1MC - China National Chemical Corp (ChemChina) has bought 4 million barrels of crude oil for delivery this month, sources said, as the state-run refiner and nascent crude oil importer speeds up shipments to fully utilize a hard-won import quota.ID:nL3N0D41W8 - Japan's utilities consumed 4.2 percent less natural gas last month than a year earlier, as power saving measures helped reduce generation for the fourth month in a row, an industry body said on Friday.ID:nL3N0DY0ET CRUDE ($/bbl) Price Prev Change JUL DME Oman diff to Dubai swap 0.76 0.93 -0.17 JUL BrentBRENTSGMc1 103.76 102.91 +0.85 JUL DubaiDUBSGSWMc2 100.16 99.27 +0.89 JUL DME Oman 100.92 100.20 +0.72 JUN Brent/Dubai EFSDUB-EFS-1M 3.60 3.64 -0.04 PRODUCT CRACKS JUN fuel oil crackFO180SGCKMc1 -6.83 -6.57 -0.26 JUN gasoil crackGOSGCKMc1 16.78 15.93 +0.85 JUL naphtha crackNAFOBSGCKMc1 -9.12 -9.55 +0.43 COMPLEX REFINERY MARGINSREF/MARGIN1 Today 5.12 Last 5 days 6.14 Last 365 days 7.43 (Reporting by Ramya Venugopal, editing by William Hardy) ((ramya.venugopal@thomsonreuters.com)(+91 80562 88685)(Reuters Messaging: ramya.venugopal@thomsonreuters.com.reuters.net))
((RECENT CRUDE OIL TRADES Asia...ACRU/T Europe...CRU/T Americas...CRU/TU CRUDE OIL MARKET NEWS Crude oil tenders in Asia...................CRU/TENDA Crude oil supply outages in Asia............CRU/OUT-ASIA-O Refinery outages in Asia....................REF/OUT-ASIA-O Global arbitrage news and flows.................O/CRUDEARB W.African crude imports to Asia, monthly........O/WAFRICA1 REFINERY MAINTENANCE DIARIES Asia...REF/A Middle East...REF/ME Europe...REF/E NATIONAL CRUDE IMPORT DATA Japan..............METI/JP1 China..............O/CHINA1 India..............O/INDIA2 S.Korea............O/KOREA1 Indonesia.......O/INDO1-CRU CRUDE OIL INVENTORY DATA Japan...O/JAPAN1 US...EIA/S Europe...O/EUROIL1 CRUDE OIL PRODUCTION/OILFIELD NEWS OPEC output survey...OPEC/O New Asian fields...ASIA/NEW New Africa fields...AFR/NEW New Americas fields..AM/NEW New projects.....ENERGY/NEW CRUDE OIL MARKET REPORTS Middle East...........CRU/M Asia-Pacific........CRU/AP West Africa.........CRU/WAF North Sea............CRU/E Asia outlook.......ASIA/CRU Europe outlook.....EUR/CRU Global futures report...O/R Technicals report......O/I PRICES For all Official Selling Prices......................OSP/O For a POLL on oil prices............................O/POLL NYMEX and ICE oil futures...........................OILOIL TOCOM crude oil futures.............................0#JCO: Dubai, Oman swaps and spread...............ASIA/SWAP/CRUDE Middle East physical crude diffs...............CRUDE/ASIA2 Australia physical crude, Tapis swaps..........CRUDE/ASIA1 Asia-Pacific physical crude....................CRUDE/ASIA3 All Asian crude oil differentials................0#C-DIF-A All Asian crude oil outright prices..................0#C-A ))
Keywords: MARKETS MIDEAST CRUDE/
