Iraqi Basrah crude trading for June cycle off to firm start in Asia

Capt. John

June loading cargoes of Iraq’s Basrah crude began trading in the spot market this week, fetching strong premiums from end-users on the back of firm demand from China, as well as shorter availability of alternative heavy sour crude barrels, traders told S&P Global Platts. Even with spot cargoes...

https://www.hellenicshippingnews.com/iraqi-basrah-crude-trading-for-june-cycle-off-to-firm-start-in-asia/

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