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Johan Sverdrup crude reaches record high amid strong Med demand

October 5, 2023 Comments Off

The differential of Norway’s Johan Sverdrup medium sour crude reached a record high against benchmark Dated Brent Oct. 4, amid rising purchases of the grade in the Mediterranean to make up for a shortfall of Kurdish and Iraqi crude exports from the Turkish port of Ceyhan, market sources said this week. Platts, part of S&P Global Commodity Insights, last assessed…