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Florence Tan

RPT-Physical oil market gains suggest more support for futures rally

Jun 22 2021

LONDON/SINGAPORE/NEW YORK, June 22 Crude oil values in many parts of the world are rising on stronger demand and tighter supply, suggesting physical markets are catching up with a futures rally and providing more fundamental support for prices, traders and analysts say.

Physical oil market gains suggest more support for futures rally

Jun 22 2021

LONDON/SINGAPORE/NEW YORK Crude oil values in many parts of the world are rising on stronger demand and tighter supply, suggesting physical markets are catching up with a futures rally and providing more fundamental support for prices, traders and analysts say.

Oil edges up as Iran nuclear talks drag on

Jun 20 2021

SINGAPORE, June 21 Oil prices nudged up on Monday, underpinned by strong demand during the summer driving season and a pause in talks to revive the Iran nuclear deal that could indicate a delay in resumption of supplies from the OPEC producer.

Brent crude's premium to Dubai hits 21-month high, shuts arbitrage

Jun 18 2021

SINGAPORE (Reuters) -Brent crude's premium to Dubai quotes rose on Friday to the highest in 21 months on the back of stronger demand this summer, effectively keeping Atlantic Basin grades out of Asia's reach, according to traders and Refinitiv data.

UPDATE 1-Asia's July naphtha imports from West to jump, led by U.S. shipments -sources

Jun 17 2021

* U.S. shipments could nearly double to just under 1 mln T (Adds graphics)

Asia's naphtha imports from West to jump in July as U.S. shipments rise - sources

Jun 17 2021

SINGAPORE, June 17 Asia is expected to see at least a 25% jump in western naphtha supplies in July, mainly from a near doubling of volumes from the Americas, according to estimates from three Singapore-based traders and Refinitiv on Thursday.

Crude prices in Asia jump on robust demand, tight supply

Jun 16 2021

SINGAPORE Asian refiners are paying the highest premiums for Middle East and Russian crude oil in about a year, due to firm demand and more costly imports from the West, industry sources said.

Oil hits new multi-year highs; investors eye Iran nuclear talks this week

Jun 06 2021

SINGAPORE, June 7 Oil extended gains to hit fresh multi-year highs on Monday, underpinned by a brighter economic and fuel-demand outlook, while investors eyed the outcome of talks between Iran and world powers over a nuclear deal that is set to boost crude supplies.

Oil prices stay firm as demand to outstrip supply in H2

May 30 2021

SINGAPORE, May 31 Oil prices climbed in early Asian trade on Monday, underpinned by the bright outlook for fuel demand growth in the next quarter, while investors looked ahead to the OPEC+ meeting this week for supply guidance.

Brent nudges towards $70 on rosy U.S. data, oil demand outlook

May 27 2021

SINGAPORE, May 28 Oil prices pushed higher on Friday, supported by firm U.S. economic data and expectations of a strong rebound in global fuel demand in the third quarter, while concerns eased about the impact of any return of Iranian supplies.

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