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News 2026-09-23 21:20 UTC

Medium sour Mars crude eases to COVID-19 lows

Medium-sour coastal grades weakened on Wednesday to COVID-19 levels, dealers said, as high freight rates, easing supply constraints in the Middle East and lower prices for Canadian crude cut into demand.Mars dipped to a discount of $7.50 to US West Texas Intermediate crude, the lowest since June 20…