SINGAPORE, May 7 (Reuters) - Asia-Pacific crude market held steady on Monday as traders look ahead to tenders this week for July price direction. * TENDERS - Russia Rosneft offered 95,000 tonnes or about 730,000 barrels of Sokol for July 6-16 loading in a tender that will close on May 10. The Russian light crude may come under pressure from a sharp reduction in the OSPs for rival Saudi grades although steady demand from regular buyers could support, a trader said. A second trader said BP offered June Sokol at $7.50 a barrel above Dubai quotes, as it tries to resell its cargo at a higher premium to capitalise on a recent improvement in middle distillates cracks. This could not be confirmed. - Several tenders for Vietnamese crude due this week, including the first semi-term supply for Te Giac Trang. Recent price weakness for sweet crude in Asia could weigh on TGT although the medium grade has been quite popular with oil majors, especially Shell, and Japanese refiners. TGT's popularity comes as Vietnamese crude exports have fallen after flagship Bach Ho was diverted to domestic use while supplies of another key grade Su Tu Den were snapped up by Japanese utilities for burning at oil-fired units after nuclear reactors were shut on safety concerns. - For purchases, Petrovietnam is seeking crude for June while Indonesia has already completed its spot buys for July delivery. * OSP - The official Indonesia Crude Price (ICP) for Minas has been calculated at $127.96 a barrel for April, down $3.54 from March, an industry source said. * MARKET NEWS - The United Arab Emirates and Saudi Arabia have promised to fill any gap in South Korea's oil imports if Iran decides to cut its crude exports to the country, South Korean Minister of Strategy and Finance Bahk Jae-wan said - Japan is considering a new law to provide sovereign guarantees for its ships to allow them to continue importing Iranian crude oil after EU sanctions come into effect in July, the Nikkei business daily said. CRUDE Price Prev Change % change JUNE Brent 112.39 115.50 -3.11 -2.69% JULY Dubai 108.52 111.66 -3.14 -2.81% JULY Brent/Dubai EFS 3.87 3.84 0.03 COMPLEX REFINERY MARGINS Today 9.29 Last 5 days 7.34 Lat 365 days 7.69

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