Robust middle distillate margins lift Asian demand for Middle East crudes | Hellenic Shipping News Worldwide
Asian demand for July-loading Middle East medium sour grades has strengthened as healthy refinery margins for middle distillates, improved Chinese appetite and a closed arbitrage window allayed concerns that cheap Russian barrels could curtail buying, market sources told S&P Global Commodity Insights. Medium sour crudes such as Oman Blend, Al-Shaheen and Upper Zakum were attracting ...
Source: hellenicshippingnews.com