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Med crude-Urals oil diffs stable, prices for Caspian oil grades have soared

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Urals crude oil differentials kept stable on Friday, while prices for Caspian oil grades have soared this week, as traders look for alternatives in an increasingly tight market following the suspension of oil production in Libya. Libya’s National Oil Corporation said on Friday that recent oilfield closures have caused the loss of approximately 63% of ...

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