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Middle East crude benchmark premiums ease on improved supply outlook

Spot premiums for Oman, Dubai and Murban fell, with traders looking for more supply after Saudi Arabia offered additional cargoes via ship-to-ship transfers off Sohar port in Oman.

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Spot premiums for Middle East crude benchmarks Oman, Dubai and Murban eased on Thursday as traders looked for additional supply after Saudi Arabia offered extra crude cargoes through Oman. Saudi Arabia offered more crude cargoes to Asian refiners through ship-to-ship transfers off Oman's Sohar port, people familiar with the matter said.