Photographer: Kuni Takahashi/Bloomberg

Costliest Crudes Get a Lift as Cars Crowd Beijing and Mumbai

  • Light oils seen rising versus heavy grades on gasoline demand
  • Car sales jump in China, India; U.S. summer to lift fuel use

The world’s costliest types of oil are keeping their premium status thanks to the aspirations of the middle class in China and India as well as America’s love of road trips.

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