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Demand for Middle East medium sour crudes, such as Oman, Upper Zakum and Al-Shaheen, continued to grow as prices for light sour grades from the region, such as Murban, turn increasingly expensive for Asian refiners, sources told S&P Global Commodity Insights. While it is still early days in the August-loading cycle, buyers have kicked off ...
Singapore — The front-month Brent/Dubai Exchange of Futures for Swaps, or EFS, spread narrowed in midmorning Asia trading April 13 but was still above the $3/b mark as tender activity in the Middle East crude oil market commences for June-loading barrels. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The June Brent/Dubai EFS was pegged at $3.07/b at 11 am Singapore time (0300 GMT) on April 13, narrowing 11 cents/b from the Asian close on April 12, S&P Global Platts data showed. The Brent/Dubai EFS is a key indica...