Dramatic Shift In Brent-Dubai Spread Could Alter Global Oil Flows
The premium for Brent Crude prices to Dubai Crude prices has evaporated in recent weeks due to production cuts from Middle East nations.
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The premium for Brent Crude prices to Dubai Crude prices has evaporated in recent weeks due to production cuts from Middle East nations.
Most of Kurdistan’s large oilfields remain shut in as its exports are yet to resume despite its new deal with Baghdad.
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Poland’s largest oil company PKN Orlen SA has unexpectedly stopped receiving oil via the Druzhba pipeline from Russia, Chief Executive Officer Daniel Obajtek said in a tweet on Saturday.
Shell has resumed oil exports from its Forcados terminal in Nigeria after oil flows were halted in mid-July