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HomeOil and GasBrent Oil Traders Reroute U.S. Cargoes Using Little-Known Rule

Brent Oil Traders Reroute U.S. Cargoes Using Little-Known Rule

Big energy traders are leveraging a little-known rule to reroute U.S. oil shipments meant for Europe, raising concerns about the effectiveness of recent reforms to the Brent crude price benchmark and its reflection of true market demand.
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