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Middle East Crude-Oman falls to near one-year low

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Middle East crude benchmark spot premiums for Oman turned negative on Thursday for the first time since December 2023, while premiums for Dubai also trended lower. Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investors focusing on this weekend’s OPEC+ meeting to discuss oil output policy. SINGAPORE CASH ...

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