Sanctions, OPEC cuts push Asia's sour crude oil prices above Brent

Middle East oil benchmarks Dubai and DME Oman have nudged above prices for Brent crude, an unusual move as U.S. sanctions on Venezuela and Iran along with output cuts by OPEC tighten supply of medium to heavy sour oil, traders and analysts said.


from Reuters: Business News https://reut.rs/2tebF3r

No comments:

Post a Comment

Nevada Gov. Steve Sisolak Tests Positive For Coronavirus

Nevada Gov. Steve Sisolak Tests Positive For Coronavirus "With my case, I want to underscore the importance of Nevadans to stay at hom...