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SINGAPORE, Nov 7 (Reuters) - The rising demand for crude oil that can more easily produce transportation fuels when refined has some Australian and Malaysian producers boasting cargoes valued at close to $70 a barrel, a hefty premium to global benchmarks.

Read more: http://www.rigzone.com/news/wire/oil_at_70barrel_already_a_reality_for_some_as_asian_premium_bites-07-nov-2017-152375-article/