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Analysis: Asian buying of Atlantic Basin crudes spikes on aligning factors

* Narrow Brent/Dubai EFS increases attractiveness of Brent-related crudes * Freight rates soften on key routes * Chinese buying up, increased teapot refinery demand Buying of Atlantic Basin crudes by Asian buyers — particularly in China — has spiked since the beginning of 2017 on a confluence of factors that include the OPEC production cuts [...]

By | 2017-06-13T12:56:25+00:00 June 13th, 2017|News|0 Comments