Asia Crude-Petronas raises May Tapis alpha to $7.15/bbl

SINGAPORE, May 8 (Reuters) - Malaysian state oil firm

Petronas has raised the Tapis crude price alpha factor for May

liftings to $7.15 per barrel, up $0.45 from the previous month,

an industry source said on Wednesday.

The alpha factor is used to calculate the official selling

price (OSP) of Malaysia's main export crude. Below is a table of

the alphas for various grades:

Crude Differential to Differential to

Tapis term price dated Brent

Tapis - $7.15

Labuan +$1.30 $8.45

Miri Light +$1.00 $8.15

Dulang +$0.40 $7.55

Bintulu -$0.30 $6.85

Kikeh +$1.30 $8.45

(Reporting by Florence Tan; Editing by Anupama Dwivedi)

 
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