ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and …
Read More »Crude shows strength beyond seasonal peak
Bloomberg The market for physical barrels of crude from places as far apart as Oman and Colombia is strengthening beyond the traditional seasonal peak in demand, a positive indicator for global benchmark futures prices that remain stuck near $50. Physical differentials — the price gap between individual grades of crude and widely traded markers like Brent or West Texas Intermediate …
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