Prices for 95-RON gasoline in Asia fell after BP Plc sold a cargo. Hin Leong Trading Pte paid premiums for gasoil cargoes in Singapore, the region’s biggest oil-trading center. Light Distillates BP sold 50,000 barrels of 95-RON gasoline to Royal Dutch Shell Plc at $123.70 a barrel, according to a Bloomberg News survey of traders monitoring transactions on the Platts window today. That was lower than the $124.40 a barrel paid for a similar cargo yesterday. Naphtha’s premium to London-traded Brent crude futures rose to $116.16 a ton at 5:35 p.m. Singapore time from $109.78 at the end of trading in Asia yesterday, based on data compiled by Bloomberg. Middle Distillates Hin Leong purchased four cargoes of 0.5 percent sulfur gasoil, or diesel, totaling 630,000 barrels, according to the Bloomberg News survey. The Singapore trader paid Brightoil Petroleum Holdings Ltd. 10 cents to 20 cents a barrel over benchmark quotes for two cargoes and premiums of 20 cents to 30 cents to Shell for another two cargoes. Gasoil’s premium to Asian marker Dubai crude rose $1.22 to $18.23 a barrel at 2:35 p.m. Singapore time, according to data from PVM Oil Associates Ltd., a broker. This crack spread, a measure of refining profit, climbed the most since Aug. 11. Jet fuel’s premium to gasoil was unchanged after advancing to $2.05 a barrel, the highest since Aug. 31, PVM data showed. An increasing regrade shows it is more profitable to produce aviation fuel over diesel. Fuel Oil Gunvor Group sold two 20,000-ton cargoes of 380-centistoke fuel oil to Hin Leong Trading at a premium of $1.50 a ton to benchmark prices published by Platts in the remainder of September. The privately owned Singapore trader also bought two cargoes of the fuel from Brightoil at the same price. Gunvor sold 20,000 tons of 380-centistoke fuel oil to Hin Leong at a premium of $2 a ton over benchmark prices in the remainder of September. Shell bought 20,000 tons from Gunvor at a premium of $6.75 a ton over benchmark quotes for October. Gunvor sold two 20,000-ton cargoes of 380-centistoke fuel oil to Hin Leong at a premium of $4.50 a ton to benchmark prices. The company has sold at least seven cargoes of the fuel this month on the window, according to Bloomberg tracking. Fuel oil’s discount to Dubai crude narrowed $1.03, or 17 percent, to $5.03 a barrel at 2:35 p.m. Singapore time, according to PVM Oil. To contact the reporter on this story: Ann Koh in Singapore at akoh15@bloomberg.net; To contact the reporter on this story: Yee Kai Pin in Singapore at kyee13@bloomberg.net

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