The differential between the WTI frontline swap and the Dubai swap is at its widest since mid-January, possibly opening up arbitrage opportunities for imports into the US, Platts data showed. The December Dubai swap was trading at a ...
Tags: WTI frontline swap, Dubai swap, crude
Relative strength in premiums for the sour Middle Eastern crude market seen in recent days showed continued upward momentum Wednesday, as Asian refiners look to cover winter requirements and Chinese buyers look to re-stock, trading sources ...
Tags: Premiums, Metallurgy, Mineral, Energy
The Asia Pacific sweet crude market is expected to stay on a downward trajectory as it faces more competition from falling West African crude prices and an oversupply of regional spot cargoes, traders said this week. Perpetually weak ...
Tags: Sweet Crude Market, Sweet Crude
Russia's export of ESPO Blend crude loading from Kozmino port is fixed at 19 cargoes in May, the highest monthly figure since exports of the grade began in December 2009 and up from 17 in April. The increase is in line with the completion ...
Tags: Metallurgy, Mineral, Energy, oil