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brent-oil-reuters-1024SINGAPORE: Brent crude's premium to Dubai dropped to 55 cents a barrel for June on Monday, the narrowest spread between the two crude oil benchmarks since 2010, according to trade sources and Reuters data.

The narrow price difference will likely encourage the transfer of more low-sulphur crude from the Atlantic Basin to Asia, traders said.

 

Copyright Reuters, 2017
 

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