Subscribe to RSS feedAsian market jumps into cost-saving Russian crude
by
Jim Wilson
—
last modified
Mar 15, 2010 09:11 AM
MIDDLE East and Brazilian crude shipments face increasing competition from oil from Russia as traders and refiners across Asia try out the new product.
China’s Unipec and US-headquartered ExxonMobil have both taken cargoes from EPSO, just two months after shipments began, as the price of oil shipped from the pipeline in the Far East puts prices of competing waterborne Middle East and Asia- Pacific...
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