


| Asian Buyers Seek Oil From Closer to Home |
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Soaring oil tanker costs are boosting Asian demand for crude grades produced closer to home. Two cargoes of Russia’s ESPO Blend were sold as much as $9 a barrel over the Dubai benchmark price, said traders who asked not to be identified. That’s the highest in figures going back to late-2014, data compiled by Bloomberg show.
Posted: 2019-10-20 23:36:00
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