Middle East Crude-Benchmarks rise for 2nd straight session

Middle East crude benchmarks Oman, Dubai and Murban nudged higher for a second straight session on Monday.

Qatar Energy has sold three August-loing Land crude cargoes via a tender at premiums of 20-30 cents a barrel to Dubai quotes, trers said. GS Caltex was awarded two cargoes and Idemitsu received remaining one, y ded.

Qatar Energy did not award tender to sell Marine crude, trers said. Taiwan's Formosa Petrochemical has bought 2 million barrels of Oman crude for August to September delivery. premium is equivalent to about 50 cents a barrel on a free-on-board  basis, one source said.

Saudi floating storage and Singapore cash deals

About 10 Very Large Crude Carriers (VLCCs) carrying about 20 million barrels of crude loed from Saudi ports have been stationary for seven or more days off Egypt's Ain Sukhna, according to data analytics firm Vortexa.

Cash Dubai's premium to swaps rose 14 cents to 97 cents a barrel. Anor three August-loing Oman cargoes were delivered on window, bringing month's total deliveries to 37. Unipec delivered two cargoes to PetroChina Hong Kong while Reliance will send a cargo to Totsa.