Dubai futures contango widens as weak refining margins weigh on outlook

Capt. John

The contango in Dubai crude futures widened in mid-morning trade in Asia Aug. 13 as weak refining margins for oil products were expected to deter uptake for crude in the near term. The September/October Dubai crude futures spread was pegged at a contango of 51 cents/b at 11 am Singapore time (0300...

https://www.hellenicshippingnews.com/dubai-futures-contango-widens-as-weak-refining-margins-weigh-on-outlook/

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