East of Suez Service
Monthly intelligence analysis on the key trends shaping East of Suez oil pricing activity
Overview
Our Benefits
Fundamentals
REA tracks country crude balances across the Middle East and Asia
Trading activity
REA tracks physical spot deals to provide a forward-looking view of trade flow shifts
Crude valuations
REA works with decision-makers to compare crudes, understand valuations and spot trading opportunities
Deep Dive
REA provides clients with regular deep dive market commentary to unpack complex developments in the monthly oil pricing cycle.
Saudi Aramco allocations to Chinese term clients (mb) and Arab Light Asia OSP versus Dubai/Oman (US$/b)
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Dubai window convergences by grade (monthly trade date)
Key highlights from the note:
- US Geopolitics and the Middle East
- Dubai window positioning and Basrah spot liquidity
- ADNOC’s Upper Zakum and Murban pricing
- Iraq’s new volume indexed formula for spot sales
Deliverables
Monthly report
Clients receive a pdf report focused on all the key developments shaping East of Suez crude pricing dynamics.
Allocations and OTC spot data: clients receive monthly allocations from key Middle East producers to term clients. Our data includes a breakdown of allocations to term and equity clients as well as grade, volume and laycan window.
Derivatives data
Alerts
Clients receive Alerts in response to market-moving events. Our alerts help clients understand the ‘so what’ to major events impacting the entire barrel. Our Alerts are data-driven and include a regular weekly assessment of pricing activity across major trading regions (WAF, North Sea, Middle East and Asia).
Deep dives
Each month, clients receive a deep-dive note on a key strategic theme shaping the market. Previous examples have included: refining capacity updates in the Middle East; China’s product balances and implications for exports; Murban and the future of Middle East pricing, among others. Our deep-dives are all excel-backed and used to help inform commercial decision-making for traders, refiners and planning teams.