Iranian blues

Published at 11:51 6 Aug 2018 by . Last edited 18:39 9 Aug 2018.

The Atlantic Basin crude overhang is slowly starting to move east, but the worry now is that the excess will simply sit in Asian waters. The oversupply primarily consists of light crudes, including Ekofisk, Murban, Al Shaheen and Nigerian grades. Medium sours are faring better as Iranian exports are…

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