Middle East Physical Crude Slides as Brent Hits 5-Month High
Physical crude prices from the Middle East have softened this week while Brent futures hit a five-month high. Oil continues to flow out of the Persian Gulf via ship-to-ship transfers offshore Oman with producers offering competitive prices to Asian buyers.
Original · OilPrice.com AI summary of public reporting
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At publication → CurrentBRENTOIL111.45 → 111.81+0.3%