US oil a threat to Mideast sellers in Asia market

West Texas Intermediate Midland crude makes it way to the region and is scheduled for delivery to Singapore or Linggi in Malacca and Nipah in Johor.

Offering the shipment – scheduled to be delivered to Singapore, or Linggi or Nipah in Malaysia – against the Middle East’s oil benchmark brings it into direct competition with Gulf grades that’s produced in Saudi Arabia, Abu Dhabi and Qatar. The crude can be transferred to other vessels in the Malacca Strait near Singapore, making the logistics less complicated for buyers across Asia.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

fmtoday /  🏆 5. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Southeast Asia stocks gain as global stimulus hopes lift risk sentimentSuch hopes found support from China's interest rate reforms and a fiscal stimulus in Germany.
Fuente: malaysiakini - 🏆 20. / 51 Leer más »