Middle East Oil Is Little Changed as Refiners Await New Prices - Bloomberg

Middle East oil for sale to Asia was little changed as refiners waited for new official prices from Saudi Arabia and Abu Dhabi National Oil Co. cut posted prices.

Murban, produced by Abu Dhabi National Oil, for November loading remained at a premium of 6 cents a barrel to its official selling price, according to data compiled by Bloomberg. Lower Zakum, also produced in the emirate, was at a premium of 1 cent a barrel, Bloomberg data showed.

Saudi Arabia is expected to increase its listed selling prices for October crude amid signs that refiners in China and Japan are increasing their demand.

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