Brent crude marches on with accelerating strength coming from Mid-East time-spreads
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Brent crude marches on with accelerating strength coming from Mid-East time-spreads

Fueled higher with strength seemingly coming from Mid-East benchmarks.

Following a setback on Wednesday, Brent crude gained 1% yesterday with a close at USD 76. 92/b.

This morning it is jumping up another 1.

5% to USD 78.

1/b.

Strength looks like it continues to come from the Middle East where the 1-3 Dubai time-spread this morning has moved.

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