Dubai futures rangebound in contango amid unclear demand outlook

Capt. John

Benchmark Dubai crude futures remained rangebound in contango Oct. 6 from the previous session amid a unclear demand outlook as the market awaited fresh drivers. At 11 am in Singapore (0300 GMT), the November/December Dubai crude futures spread was pegged at a contango of 32 cents/b, narrowing 2...

https://www.hellenicshippingnews.com/dubai-futures-rangebound-in-contango-amid-unclear-demand-outlook/

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