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Wider price spreads between US crudes and Dubai-based crudes have opened arbitrage opportunities to export US crude to Asia, leading to a recent increase in VLCC exports out of the US Gulf Coast, S&P Global Platts data shows
ReadThe Platts Dubai-LOOP Sour spread has widened to a little more than $3/b so far in February, suggesting an improved and opened arbitrage for US Gulf Coast medium sours grades to head to Asia
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