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Middle East sour crude differentials slipped, but buying interest emerged for Omani crude. Cash Dubai and Oman premiums fell, while Murban rose. Mercuria bid for Oman crude, reflecting mixed regional…
TotalEnergies is leveraging its integrated trading arm to profit from Middle East disruptions, buying heavily discounted crude ($50-$60/bbl) transported through Hormuz while Brent holds above $90. Hi…
Nvidia and chipmakers rallied on multi-billion-dollar AI data center expansion, while Brent crude rose on Middle East supply disruption risks. However, major U.S. indexes lagged as Meta faced a major…
ADNOC will shift Abu Dhabi crude grades (Murban, Das, Upper Zakum, Umm Lulu) to prompt-month Platts Dubai pricing from Nov 2026, replacing two-month-ahead IFAD Murban futures pricing to better align …