Oman and Dubai Crude Premiums Edge Up Amid Ample Supply
Spot premiums for Oman and Dubai crude benchmarks edged higher Wednesday but remained near their lowest levels in more than three months. A recovery in oil flows through the Strait of Hormuz added to supply, while refining margins eased.
Spot premiums for Middle East crude benchmarks Oman and Dubai edged up on Wednesday, while still hovering around the lowest levels in more than three months due to ample supplies.A recovery in oil flow via the Strait of Hormuz added to supplies and weighed down offers, while refining margins eased…