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US Tight Oil Piles Pressure On Refiners

September 27, 2018

Via: Forbes

US tight oil has revolutionized the global oil market. It is a strongly growing source of high-quality crude, the economics of which proved resilient to OPEC’s competition for market share.

Brent – WTI differentials have been volatile, as producers and infrastructure companies have struggled to keep pace with each other, but WTI is now at a discount to Brent as US crude is exported to global markets.

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