July 15, 2018


U.S. oil boom delivers surprise for traders - and it's costly (Julia Payne, Devika Krishna Kumar, Dmitry Zhdannikov, 7/15/18, Reuters) 

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 WTCLc1-LCOc1 in just a month, as surging U.S production upends the market.

Posted by at July 15, 2018 7:39 AM


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