Prompt intermonth spreads for benchmark Dubai crude widened mid-morning Jan. 27, as focus shifts to trade activity for April-loading cargoes. At 11 am in Singapore (0300 GMT), the March/April Dubai time spread was valued at 30 cents/b, up 2 cents/b from the Asia close Jan. 26, S&P Global Platts data showed. The April/May Dubai intermonth …
The post Prompt intermonths for Dubai crude widen; focus on next trade cycle first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John