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Brent-Dubai EFS

Brent-Dubai EFS: relative-demand gauge between Atlantic and Middle Eastern crude grades; compresses on Asian demand collapse, widens on Hormuz risk.

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#1613 Jul

Stood at $4.24 on 8 July, still unconfirmed by dated freight for 10-13 July

European Oil Markets: Freight has not confirmed the spike
#158 Jul

Widened 21% day-on-day to $4.24 a barrel

European Oil Markets: Hormuz risk lifts the Brent-Dubai EFS
#1018 Jun
#431 May
#223 May

Narrowed from its $6-plus peak as Hormuz war premium deflated

European Oil Markets: Brent loses $14 in four sessions
#111 May