Middle East crude benchmarks Oman and Murban slipped on Wednesday as the market fretted about oversupply in the region after Chinese top state-owned refiners resumed buying discounted Russian Urals crude oil.
RUSSIAN OIL
SINGAPORE CASH DEALS
Cash Dubai’s premium to swaps stayed steady at $2.35 a barrel. Vitol will deliver one April-loading Upper Zakum cargo to Trafigura following the trade.
Source: Reuters