processing...

Blog Details

Asia Pacific Sweet Crude Daily Market Analysis / Petco offers Muda, Cakerawala condensate for Sep loading / End Aug-early Sep loading NWS moves / ONGC Videsh offers Nile Blend crude for Sep loading / offered its Muda and Cakerawala condensate for September-loading via a tender that closes / Comparatively, Indonesia’s Pertamina was last heard to have purchased a cargo of / a South Korean buyer, according to several trade sources. The second-month gasoline and / at the July 17 Asian close, and averaged $19.22/b and 87 cents/b month to date, compared / with averages of $20.84/b and minus $3.91/b the month prior. In the medium-sweet crude / prices. In the Sudanese and South Sudanese crude complex, India’s ONGC Videsh was seen / in the $2s/b against the same benchmark. The South Korean government plans to expand its / by more than 20 million barrels, a move prompted by a domestic crude supply crisis that / in its “Economic Growth Strategy” report for the second half of 2026, seen by. The / capacity would strengthen energy independence and security, according to the latest data / of July 20. Elsewhere, crude oil loading operations at the Caspian Pipeline Consortium / terminal have been suspended following attacks on two tankers offshore the Black Sea port / not damaged in the attacks, in a statement posted on Instagram. Shipments via CPC have / Asia Light Sweet Crude Daily Rationale & Exclusions / ESPO FOB Kozmino Mo01 Spore vs Dubai Mo01 <AASEU00> assessment rationale: The ESPO

Asia Pacific Sweet Crude Daily Market Analysis / Petco offers Muda, Cakerawala condensate for Sep loading / End Aug-early Sep loading NWS moves / ONGC Videsh offers Nile Blend crude for Sep loading / offered its Muda and Cakerawala condensate for September-loading via a tender that closes / Comparatively, Indonesia’s Pertamina was last heard to have purchased a cargo of / a South Korean buyer, according to several trade sources. The second-month gasoline and / at the July 17 Asian close, and averaged $19.22/b and 87 cents/b month to date, compared / with averages of $20.84/b and minus $3.91/b the month prior. In the medium-sweet crude / prices. In the Sudanese and South Sudanese crude complex, India’s ONGC Videsh was seen / in the $2s/b against the same benchmark. The South Korean government plans to expand its / by more than 20 million barrels, a move prompted by a domestic crude supply crisis that / in its “Economic Growth Strategy” report for the second half of 2026, seen by. The / capacity would strengthen energy independence and security, according to the latest data / of July 20. Elsewhere, crude oil loading operations at the Caspian Pipeline Consortium / terminal have been suspended following attacks on two tankers offshore the Black Sea port / not damaged in the attacks, in a statement posted on Instagram. Shipments via CPC have / Asia Light Sweet Crude Daily Rationale & Exclusions / ESPO FOB Kozmino Mo01 Spore vs Dubai Mo01 <AASEU00> assessment rationale: The ESPO

Jul 21, 2026

The Asia-Pacific regional market is expected to see active spot trading over July 20-24 across crude and condensate barrels, as the complex is expected to receive further support amid the intensifying US-Iran conflict. In the regional condensate complex, Petco was heard to have July 20, with validity until July 22. In the previous trading cycle, Petco was heard to have sold two Muda condensate cargoes for loading over Aug. 2-8 and Aug. 20-26 to Thailand’s PTT. Cakerawala condensate scheduled for July 1-10 loading for its Tuban condensate splitter from Glencore via a tender that closed June 11, with trade levels heard at an equivalent ranging from small discounts to discount in the $1s/b against Dated Brent, FOB. BP was heard to have moved its Australian North West Shelf condensate scheduled...

Exclusive market movement data, shipping lineups, demand signals and pricing rationale continue in full report.

Unlock complete article access with a paid account.

Continue Reading With Membership

This is a preview. Login and activate a paid plan to read the complete article.

Login to Continue