DUBAI FUTURES: Contango narrows further after ADNOC cuts November volumes

Capt. John

Singapore — The contango for benchmark Dubai crude futures narrowed further in mid-morning Asia Sept. 17, following news of ADNOC cutting November term volumes by 25%. At 0300 GMT (11 am Singapore time), the October/November timespread was pegged at a contango of 29 cents/b, up 2 cents/b from the...

https://www.hellenicshippingnews.com/dubai-futures-contango-narrows-further-after-adnoc-cuts-november-volumes/

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