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Middle East is also becoming a hub for petroleum products
Dec 14: The Middle East is not just a crude hub but has now emerged as a global centre for trading of refined products
8Historically, prices for refined fuel products in the Middle East have been measured in terms of their relative value to the predominant Asian trading hub, Singapore – primarily because of the lack of local spot market liquidity in the past.
8But the dynamics have changed permanently.
8Find out more on what is going on in the Middle East products market and how it can possibly impact India
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