Dubai and Oman spot premiums jump to $30/bbl amid Middle East conflict
Spot premiums for Middle East crude benchmarks Oman and Dubai surged to $30 per barrel, the highest since late March, as intensifying Middle East conflict raised concerns about oil flows from the region.
Spot premiums for Middle East crude benchmarks Oman and Dubai surged on Wednesday to $30 per barrel, the highest level since late March, as intensifying conflict in the Middle East raised concern about oil flows from the region. Benchmark Brent crude oil futures ICEEUR:BRN1! rose above $100 a barrel on…