Markets

Middle East Crude-Dubai falls to lowest since November

Published April 17, 2017 Updated April 17, 2017 02:52pm

North Asian refiners are expected to complete maintenance by July which will increase their crude demand, but they have already bought long-haul barrels from Europe and the United States, traders said.

Dubai-linked grades remained relatively expensive to Brent given the narrow Brent-Dubai spread, they said.

 

Copyright Reuters, 2017