Middle East Crude-Benchmarks rise; ESPO premium weakens – ZAWYA

Middle East Crude-Benchmarks rise; ESPO premium weakens – ZAWYA

Middle East Crude-Benchmarks rise; ESPO premium weakens Middle East Crude-Benchmarks rise; ESPO premium weakens | ZAWYA MENA Edition HomeMarketsCommoditiesArticleMiddle East Crude-Benchmarks rise; ESPO premium weakens Middle East crude benchmarks Oman and Dubai rose on Thursday, while activities winded down for the August trading cycle    SINGAPORE- Middle East crude benchmarks Oman and Dubai rose on Thursday, while activities winded down for the August trading cycle.ExxonMobil offered an August-loading Upper Zakum crude cargo at a premium of $1.15 to Dubai quotes, or a discount of 30 cents to OSP, via Window, while Vitol bided at a premium of 80 cents to Dubai quotes.ASIA PACIFIC CRUDE:Spot premium for August-loading Russian ESPO crude weakened further to just above $3 a barrel to Dubai quotes as Trafigura lately sold a cargo at that level, traders said.ExxonMobil offered an August-loading Upper Zakum crude cargo at a premium of $1.15 to Dubai quotes, or a discount of 30 cents to OSP, via Window, while Vitol bided at a premium of 80 cents to Dubai quotes.SINGAPORE- Middle East crude benchmarks Oman and Dubai rose on Thursday, while activities winded down for the August trading cycle.Spot premium for August-loading Russian ESPO crude weakened further to just above $3