Middle East crude benchmark Murban fell on Friday after a decline in naphtha refining margins.
The spot premium of the slightly acidic Murban fell 2 cents to $2.75 a barrel versus quotes in Dubai.
Malaysia’s Petronas likely sold a March-loaded Labuan cargo to Dated Brent at a premium of $10 a barrel, traders said, in line with prices for the February cargo.
Vietnam’s PV Oil may have sold a March-loaded Chim Sao shipment to Dated Brent at a premium of about $7 a barrel. It before…