SINGAPORE, May 14 (Reuters) - Middle East crude benchmark premiums of Oman, Dubai and Murban increased to their highest level in over one week on Thursday, as supply stayed tight, though spot trading activity remained light.

Traders continued to focus on traffic through the key Strait of Hormuz.

A Panama-flagged crude oil tanker managed by Japanese refining group Eneos 5020.T has passed through the strait, ship-tracking data from LSEG showed on Thursday, the second Japan-linked oil ship to make it through.

On Wednesday, a Chinese oil tanker carrying Iraqi crude passed the strait and is heading to China.

Global oil supply will fall short of total demand this year as the Iran war wreaks havoc on Middle East oil production and drains inventories at an unprecedented pace, the International Energy Agency said on Wednesday, upending its earlier outlook calling for a surplus.

SINGAPORE CASH DEALS

Cash Dubai's premium to swaps rose $2.23 to $10.51 a barrel.

SELLER-BUYER	PRICE ($/BBL)
BP-VITOL	105.50

PRICES ($/BBL)

	CURRENT	PREV SESSION
GME OMAN	104.81	104.64
GME OMAN DIFF TO DUBAI	9.82	8.02
CASH DUBAI	105.50	104.90

NEWS

President Xi Jinping expressed interest in purchasing more U.S. oil to reduce China's dependence on the Strait of Hormuz during a leadership summit with President Donald Trump, according to a White House readout of the meeting published on Thursday.

European airlines, airports and tour operators are striking a bullish tone on jet fuel supply despite one of the worst crises in decades which has driven prices to double from pre-Iran war levels as the conflict snarls oil flows via the Strait of Hormuz.

Indian Prime Minister Narendra Modi will visit the United Arab Emirates briefly on Friday, where he is likely to discuss long-term energy supply deals and seek support to expand his country's strategic oil reserves, three sources said.

For crude prices, oil product cracks and refining margins, please click on the RICs below.

Brent	BRENTSGMc1
Dubai	DUBSGSWMc2
GME Oman	OQc1
Brent/Dubai EFS	DUB-EFS-1M
PRODUCT CRACKS
Fuel oil crack	FO180SGCKMc1
Gasoil crack	GO10SGCKMc1
Naphtha crack	NAF-SIN-CRK
Gasoline crack	GL92-SIN-CRK
Complex refining margins	REF/MARGIN1