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Russia’s ESPO Blend oil premiums rise above $1/bbl in China on supply worries

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Spot premiums for Russia’s Far East ESPO Blend crude oil have firmed to more than a $1 per barrel premium as worries of possible supply disruption from Iran and firmer prices for Abu Dhabi’s Murban oil fuelled Chinese refiners’ demand, trade sources said. ESPO Blend cargoes loading at the end of November – early December ...

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