MIDDLE East crude oil exporters are re-building market share in the key Asia region, a trend likely to continue as the price advantage of local grades against those from the Atlantic Basin jumps to the most in eight years.
Top Middle East exporters such as Saudi Arabia, Iraq and Kuwait are seeing increased demand for their crude from Asia, while producers in the United States, Europe and Africa are suffering declining interest.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
