Tag: Oman oil exports

Omani Crude Caught in Chinese Tractor Beam

Oman’s crude exports in November increased to just under a million barrels per day, the highest level since September 2018, with deliveries to China hitting a record high. Omani crude typically heads to only about a dozen destinations, with China

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A China Benchmark and Basrah Light

Today’s blog looks ahead to the start of the China futures contract next week, and what it means for the underlying seven crude grades that are tied to the benchmark – and how Basrah Light is set to see the biggest impact.

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