Dubai Futures: Talk of ADNOC’s July cuts lifts Dubai crude spreads

Capt. John

The July/August intermonth spread for benchmark Dubai crude futures was trading several notches higher Friday morning in Asia, as talk emerged in the market of the UAE’s ADNOC cutting its crude export volumes for July in accordance with its OPEC+ commitment. The spread was pegged at minus 20...

https://www.hellenicshippingnews.com/dubai-futures-talk-of-adnocs-july-cuts-lifts-dubai-crude-spreads/

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