MIDDLE EAST CRUDE MOC PERFORMANCE: Five mil barrels change hands for June loading

Market participants in the physical Middle East Platts Market on Close assessment process traded 5 million barrels of June-loading crude, according to trade performance data compiled by Platts, part of S&P Global Energy. Middle East crude cargoes are traded on a two-month forward cycle, meaning that product loading in June originated from convergence cargoes declared in ...

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