Benchmark Dubai crude future spreads held largely steady in mid-morning trading hours in Asia on Thursday, as market participants in Asia digested several changes from Middle East oil producers to crude pricing formulas announced over the week. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The January/February inter month spread for Dubai crude was notionally pegged at 99 cents/b at 11 am in Singapore (0300 GMT) Thursday, unchanged from its last assessed level at 12.30 pm Singapore time (0430 GMT) on Tuesday, December 24. Similarly, the February/March spread was pegged at 88 cents/b Thursday morning, slightly up from its assessed 86 cents/b on Tuesday. Qatar Petroleum announced Tuesday that it will switch to prospective pricing for its crude sales from February 2020. The change follows several months of rumors and speculation from market participants in Asia, who had previously said they would welcome any […]