Sweet crude flows to Asia-Pacific

摘要

BFO's narrowing premium to Dubai opened the arbitrage for struggling Caspian light sweet CPC Blend and Algerian Saha-rart Blend to Asia-Pacific (see upper graph).At least Imn bl of My CPC Blend and 2mn bl of My Saharan Blend is set to bead east Hate la the week,BFO's premium to Dubai widened again,disappointing Saharan Blend sellers that had provisionally chartered eastward-bound tankers.