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DUBAI FUTURES: Brent/Dubai EFS recovers; arbitrage flows remain thin | Hellenic Shipping News Worldwide

The February Brent/Dubai spread rose at the Asian opening Dec. 22, lifted by an upturn in sentiment for Western demand that led to a sharp overnight rally in Brent futures, while arbitrage flows were heard to be thin. At 11am in Singapore (0300 GMT), the February Brent/Dubai EFS was pegged at $2.58/b, up 14 cents/b . ....

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