Middle East Crude-Oman at 3-mth high on Europe pull | Reuters

Middle East crude rose on Friday sending Oman's premium to a three-month high as European buyers drained supplies, boosting arbitrage flows opened by a strong Urals market.

Three to four Oman cargoes for loading in September and
October were expected to head to the Mediterranean as refiners there stock up on crude supplies in the run-up to the heating season.

Spot Oman cargoes for loading in November were notionally
valued at a premium of $1 to Dubai quotes, the highest since
early June, up from 90 cents on Thursday and discounts as deep as 30 cents last month.

* username: rupertbu