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Increased Asian Demand Drives Up Middle East Crude Prices

Key takeaways

  • Refiners in India and China are boosting spot purchases of Middle Eastern crude, leading to a significant rise in oil prices across the region.
#Oil#Crude Prices#Asia#Middle East

Analysis

Refiners in India and China are boosting spot purchases of Middle Eastern crude, leading to a significant rise in oil prices across the region.

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