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New 30m BBL storage sourceU.S. to lease space for initial 30 mln bbls of oil in emergency reserveR...…..………...Traders will figure some means to profit by this new storage . Tanker storage trade form USA may be dampened somewhat. Terms on the Reserve storage , and the cost to transport in and out will be in play. It may allow for refinery preference of specific OIL grade swapping with Light grade going into storage while some heavier grades flowing out to the refinery.. IDNK |
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