Spot crude premiums ease from record highs despite Hormuz closure
Corroborated by 2 sources from 2 publishers
globalgeneral7h ago
TL;DR
Reports differ across sources; according to finance.yahoo.com, by Siyi Liu, Florence Tan and Seher Dareen SINGAPORE/LONDON, April 29 (Reuters) - Spot premiums for physical crude have slipped from record highs reached earlier during the Iran war as refiners are drawing on inventories and cutting back processing to cope with lost Middle East supply, traders and analysts said.