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Crude Alert - Brent/Dubai EFS prompt month pulls up; various bullish factors will provide support in the future

Published: 19 October, 2020

Highlights:

  • Brent time-spreads are getting supported as the market tightens up and stocks draw.
  • Freight rates are expected to remain low and trend sideways, putting minimal pressure on the Atlantic Basin crudes that need to go to Asia, and therefore keeping downwards pressure off Brent/Dubai EFS. ...

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