Seven Core Crude Oil Grades to Help Purchasers Measure Cost of Emissions Offsets
NEW YORK and LONDON , July 17, 2023 /PRNewswire/ S&P Global Commodity Insights, the leading independent provider.
The Ministry of Energy and Minerals (MoEM) and Oman Tank Terminal Company (OTTCO), a subsidiary of OQ Group, signed on Sunday, August 28, 2022, a framework agreement for their.
BUSINESS REPORTERMUSCAT, AUGUST 28The Ministry of Energy and Minerals (MoEM) and Oman Tank Terminal Company (OTTCO), a subsidiary of OQ Group, signed on Sunday, August 28, 2022 a.
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 .
Buying interest among Asian refiners for some medium sour Middle East crude grades loading in May has weakened as cheaper Russian Urals crude cargoes increasingly begin to find homes in the region, sources told S&P Global Commodity Insights. Growing threats of international sanctions on Russian grades has seen European buyers shun medium sour Urals, redirecting .