Platts Changes to Middle East Oil Pricing Causing Trader Angst

Middle Eastern benchmark crude oil prices have surged this week, as an Iran-war driven rule change affecting a key pricing window resulted in market dislocations that have drawn complaints from...

By Yongchang Chin · Bloomberg Markets

Middle Eastern benchmark crude oil prices have surged this week, as an Iran-war driven rule change affecting a key pricing window resulted in market dislocations that have drawn complaints from traders.