Quantum Commodity Intelligence – Middle East Crude Oil backed Tuesday from a 3-week high in the previous session as Dubai continued to lose ground against Brent, while gasoline and middle distillate crackers were dragged lower after Monday’s sharp sell-off in Europe .
Dubai Cash for January delivery was valued at $92.30/b for Nov 8 (16:30 Singapore time), up $0.60/b from the previous session, while Jan22 DME Oman- Futures fell $0.77/b to $92.31/b.
The spot market in the Middle East…
