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Russia ESPO crude premiums hit record highs for China in November

Premiums for Russia’s Far East ESPO Blend for November delivery to China have climbed to record highs as Chinese refiners intensify purchases amid shrinking Middle East and Iran supplies, four traders said.

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Premiums for Russia's Far East ESPO Blend crude for November delivery to China have climbed to record highs as Chinese refiners intensify purchases amid shrinking supplies from the Middle East and Iran, four traders said.ESPO cargoes for delivery at the end of October and in November are trading at…