Middle East oil becomes most expensive in the world as war cuts supply

Platts Dubai crude price hit record $157.66/bbl, surpass Brent's 2008 high; Dubai's premium jumps to $60.82/bbl; Oman's premium near $56; Record premiums stall trade, prices distorted, traders say The post Middle East oil becomes most expensive in the world as war cuts supply appeared first on Profit by Pakistan Today.