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Middle East Crude-Benchmarks stay firm; Japan buys 2 Dubai cargoes

Published October 9, 2018 Updated October 9, 2018 01:05pm
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By Fawad MaqsoodReuters
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SINGAPORE: The Middle East crude benchmarks stayed firm on Tuesday supported by robust winter demand in Asia and as Iranian oil exports fall ahead of US sanctions.

A Japanese end-user bought two of the three Dubai cargoes loading in December from ENOC and Occidental, traders said. ENOC sold its cargo at a small premium to the grade's official selling price while the price for Occidental's cargo was not known. Chinaoil did not sell its Dubai cargo.

Copyright Reuters, 2018

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