Oman crude rises to biggest premium over Dubai in a year on Chinese demand

Oman crude rises to biggest premium over Dubai in a year on Chinese demand

February 23, 2016
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By hellenicshippingnews Oman crude prices have risen to their biggest premium over benchmark Dubai crude in a year on the back of strong buying from Chinese refiners that has also pushed up premiums of grades such as Russia’s ESPO blend in recent months. Platts on Monday assessed front-month April cash Oman at a premium of $1.15/b over … Read full story ›

Source:: Hellenic shipping news Oil