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Easing freight rates lend mild support to demand for Middle East crude
Benchmark Dubai crude futures’ premium to ICE Brent ticked up in mid-morning Asian trade on Thursday as easing freight rates open up avenues for storage of excess crude barrels and stimulate demand for Middle East crude in Asia. At 11 am in Singapore Thursday, the May Brent-Dubai Exchange of Futures for Swaps widened to minus $4.


Posted: 2020-03-26 23:31:00

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Render therefore unto Cæsar the things which are Cæsar's; and unto God the things that are God's. Matthew, 22. 21

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