Middle East Crude-Benchmarks dip; Dec NWS condensate exports down

  • Date: 05-Oct-2020
  • Source: Zawya
  • Sector:Economy
  • Country:GCC
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Middle East Crude-Benchmarks dip; Dec NWS condensate exports down

SINGAPORE- Middle East crude benchmarks Oman and Dubai edged lower on Monday as market participants waited for the release of fresh official selling prices (OSPs).ONGC offered a cargo of Russian Sokol crude, loading on Dec. 3-9, via a spot tender closing on Thursday with same day validity.ASIA-PACIFIC CRUDE:Three cargoes of Australia's North West Shelf (NWS) condensate are scheduled to load in December, down from the previous month, a preliminary loading programme showed. NEWSSaudi Arabia shipped 6.1 million barrels per day (bpd) of crude oil in September, slightly above August levels, and kept output steady at 8.974 million bpd last month, an industry source familiar with the matter said on Monday. Energy major Equinor shut four of its Norwegian offshore oil and gas fields on Monday as its workers expanded their strike, a