Asian Refiners Switch From Dubai to Brent to Price US Crude, Sources Say

By Florence Tan and Yuka Obayashi SINGAPORE, March 27 (Reuters) – Asian refiners are beginning to switch to pricing U.S. crude oil purchases against global benchmark ​ICE Brent instead of Dubai after the Middle East ‌marker spiked to record levels this month, three refining and trade sources said on Friday. The move could reduce liquidity … Read more