U.S. oil boom delivers surprise for traders – and it’s costly
14 Jul U.S. oil boom delivers surprise for traders – and it’s costly
Posted at 08:00h
in
News
by KMFSLLP
The world’s biggest oil
traders are counting hefty losses after a surprise doubling in
the price discount of U.S. light crude to benchmark Brent
in just a month, as surging U.S production upends
the market.
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