Middle East Crude-Benchmarks mixed; al-Shaheen, ESPO premiums jump
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The UAE took another step towards its goal of boosting its oil production to over 5 million barrels per day with its awarding of a huge EPC contract
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Middle East crude benchmarks Oman and Dubai strengthened on Friday, reaching their highest in two months, after trading for March-loading cargoes picked up speed across Asia. IFAD Murban’s premium to Dubai swaps also rose to a two-month high of $3.90 a barrel. A widening of Brent crude’s premium to Dubai quotes has boosted Asia’s demand ...