Middle Eastern sour crude market under pressure on weak demand from Asian refiners
Tuesday, July 22, 2014
Posted by: Alisa Allen
A combination of poor refining margins and autumn refinery turnarounds scheduled at several North Asian refiners has put pressure on the Middle Eastern sour crude market, with almost all grades trading at discounts to their respective official selling prices for September-loading barrels, traders said Tuesday.
http://www.platts.com/latest-news/oil/singapore/middle-eastern-sour-crude-market-under-pressure-26838691
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