Thursday, July 19, 2018

US oil boom delivers surprise for traders — and it's costly

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Photo: File LONDON/NEW YORK: The world’s biggest oil traders are counting hefty losses after a surprise doubling in the price discount of US light crude to benchmark Brent in just a month, as surging US production upends the market.Trading desks...

from GEO TV - Business https://ift.tt/2zGbRhU
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