Brent's premium to Dubai crude rises to highest since Jan 2016- Reuters data

SINGAPORE- * Brent's premium to Dubai crude rises to $4.47 a barrel, highest since January 2016, Reuters data showed on Tuesday DUB-EFS-1M

* A widening of the price spread between the two markers supports demand for Dubai-linked grades from the Middle East and Russia while dampening buying appetite for Atlantic Basin crude priced of Brent

* Brent futures on Tuesday rose above $75 a barrel to its highest since November 2014, supported by OPEC-led production cuts, strong demand and the prospect of renewed U.S. sanctions on Iran O/R

(Reporting by Florence Tan; Editing by Christian Schmollinger) ((Florence.Tan@thomsonreuters.com; +65 6870 3497; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))