(Bloomberg) -- Malaysia's Tapis, the most expensive
crude oil benchmark in the world, may widen its premium to Brent
and West Texas Intermediate because of demand for low-sulfur
grades to produce diesel and gasoline in Asia.
Tapis has averaged $5.76 a barrel more than Brent this year,
compared with $3.54 in all of 2006. The spread may stay near
that level through next year, Commonwealth Bank of Australia
analysts Tobin Gorey and David Moore said in a June 14 report.
Read more at Bloomberg Energy News
crude oil benchmark in the world, may widen its premium to Brent
and West Texas Intermediate because of demand for low-sulfur
grades to produce diesel and gasoline in Asia.
Tapis has averaged $5.76 a barrel more than Brent this year,
compared with $3.54 in all of 2006. The spread may stay near
that level through next year, Commonwealth Bank of Australia
analysts Tobin Gorey and David Moore said in a June 14 report.
Read more at Bloomberg Energy News
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