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Investors See Big Oil Surge, but Physical Markets Suggest Caution – U.S. News & World Report

May 15, 2018
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U.S. News & World Report
But physical markets for oil shipments tell a different story. Spot crude prices are at their steepest discounts to futures prices in years due to weak demand from refiners in China and a backlog of cargoes in Europe. Sellers are struggling to find

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