Logo

Middle East Crude-Benchmarks decline amid light liquidity

Middle East crude benchmark spot premiums of Dubai, Murban and Oman declined on Wednesday, although that of Dubai and Oman still held around one-month highs.

Trade activity remained light so far this week.

The strength of the Middle East market was supported by firm demand from Asia and previously limited exports, as the region consumed more energy during the hot summer.
Source: Reuters



Source

Related News

Higher energy prices raise stagflation fears

3 hours ago

European Gas Head for Biggest Monthly Gain Since 2...

2 hours ago

The Commodities Feed: Oil eases as report suggests...

1 hour ago

US has ‘plenty’ of jet fuel for countries facing s...

47 minutes ago