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KM Financial Solutions | China’s Sinopec inks first deal to buy oil priced off Shanghai crude futures
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China’s Sinopec inks first deal to buy oil priced off Shanghai crude futures

25 Mar China’s Sinopec inks first deal to buy oil priced off Shanghai crude futures

Posted at 09:06h in News by
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SINGAPORE, March 26 (Reuters) – Unipec, the trading arm of
Asia’s largest refiner Sinopec, has inked a deal with a western
oil major to buy Middle East crude priced against the
newly-launched Shanghai crude futures contract < 0#ISC:>, a
senior company official said on Monday.

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