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News 2026-09-18 10:07 UTC

Middle East Crude — Spot premiums extend decline as supply fears recede

SINGAPORE, Sept 18 (Reuters) — Spot premiums for Middle East crude benchmarks extended declines on Friday, as earlier fears of supply constraints eased. Saudi Arabia has sold about 60 million barrels of crude from Ras Tanura inside the Strait of Hormuz for loading via ship-to-ship transfer at the Omani port of Sohar th