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Stronger demand and tighter supply of sour barrels along the US Gulf Coast has boosted values for Gulf of Mexico grades in recent months – flipping the traditional sweet/sour spread
ReadCrude oil producers, refiners, and other traders in the US market may explore alternatives for pricing barrels following the historic collapse and extreme volatility in the May NYMEX light sweet crude futures contract last week, according to sources
ReadThe US is quickly becoming a top supplier of crude for Australia, with the first full laden VLCC with WTI en route to Australia. Like a microcosm of the overall US crude oil export growth phenomenon, Australian refineries are increasingly importing crude oil...
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