Middle Eastern benchmarks extended losses on Wednesday over weak demand concerns from the world’s top oil consumers and over increasing pressure from arbitrage cargoes as the Brent/Dubai Exchange for Futures for Swaps (EFS) reached the narrowest level in more than two months. Spot premiums for...
https://www.hellenicshippingnews.com/middle-east-crude-benchmarks-extend-losses-on-demand-fears/