Middle East Benchmark Crude Prices Weakest Since 2020 ...Middle East

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Middle East Benchmark Crude Prices Weakest Since 2020
The Middle Eastern crude benchmarks Dubai and Oman deepened discounts to Dubai swaps this week to levels last seen in 2020 amid thin trade and liquidity and weak demand from north Asia, Reuters reported on Tuesday, citing traders and data.    A drop in the benchmarks, of which some 18 million barrels per day (bpd) of crude from the Middle East and Russia to Asia are priced, could trigger a second consecutive drop in Saudi crude prices for Asia, when Aramco announces in early January its official selling prices (OSPs) for Asia for February…

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