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GS Caltex purchased 2 million barrels of U.S. crude oil at a premium of about $18 per barrel over the Dubai benchmark.

GS Caltex purchased 2 million barrels of U.S. crude oil at a premium of about $18 per barrel over the Dubai benchmark.

智通财经智通财经2026/07/23 04:56
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(1) Several informed traders revealed that South Korean refining company GS Caltex purchased 2 million barrels of US crude oil, with loading scheduled for late August. The transaction price is roughly $18 per barrel above the October Dubai crude oil benchmark price. (2) Traders stated that this batch of crude oil is expected to arrive at its destination in early October, with the seller being commodity trading firm Trafigura. (3) Previously, GS Caltex also purchased US crude oil for August shipment, at that time paying a premium of approximately $14 per barrel over the Dubai crude oil benchmark price.
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