FT – US oil falls to record discount

Oil at the US Gulf Coast traded at a record discount to the global market on Thursday. This is a boon to US refiners already enjoying the benefits of their country’s shale boom, but heaps further pain on exporters that ship oil into the US at local prices. (Read more… http://www.ft.com/intl/cms/s/0/b0eebb56-5852-11e3-9da6-00144feabdc0.html#axzz2lyQ8bC4H)


(English, Article, 2013)

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