Asian Refiners Pay Record Premiums for Non-Middle East Crude ...Middle East

OILPRICE - Economy
Asian Refiners Pay Record Premiums for Non-Middle East Crude
Refiners in Asia are paying huge premiums for crude that could replace some of the supply stuck in the Middle East, with the most suitable grades from Norway and the U.S. being bid at record-high double-digit premiums over Dated Brent.  Many refineries in Asia, which is the most dependent region on Middle East supply, are designed to optimally run on the sour and heavier grades that the Gulf producers export. Now that most Gulf supply is either curtailed at the upstream level or stuck on tankers unable to pass the Strait of Hormuz, refiners…

Hence then, the article about asian refiners pay record premiums for non middle east crude was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Asian Refiners Pay Record Premiums for Non-Middle East Crude )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News