Firm sour crude complex weighs on Asian refiners, but healthy margins support

A strong Middle East sour crude complex continues to churn out increasingly expensive spot crude cargoes for Asian buyers, though robust refining margins remain the redeeming factor, refinery sources told S&P Global Platts. The Dubai complex soared to a record high in February, as demand for Middle East grades surged and arbitrage crude from the West remained elusive, sources said….