Biding time

Published at 11:55 13 Nov 2017 by

Even as rising geopolitical risks are supporting oil prices, timespreads are languishing. Huge volumes of destocking, a sell-off in gasoil and the build-up of some unsold cargoes in Asia are dominating. For Brent in particular, the recent sell-off in WTI-Brent will ensure high US exports through yea…

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