SINGAPORE, July 21 (Reuters) – Malaysia’s state-owned oil company Petronas has sold a shipment of Labuan crude at a record premium despite tight supplies of sweet crude in the region, several traders said on Thursday.
The cargo, which was loaded in September, was sold from Brent to Vitol at a premium of more than $20 a barrel, they said.
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Reporting by Florence Tan; Adaptation by Clarence Fernandez
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