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Maroc Maroc - SHIPPINGHERALD.COM - A La Une - 01/Jul 06:47

Oil traders expect large inventory draw in third quarter

Crude markets have exhibited an increasing disconnect this month between rising spot prices and calendar spreads on the one hand and swelling inventories on the other. But futures markets are forward-looking and traders appear to be anticipating a much tighter supply situation that would underpin the higher prices and spreads over the next few months. […]

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