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Physical Oil Flips From Bidding War To Fire Sale As Gulf Barrels Flood Back

· By Tyler Durden
Story summary

Physical Oil Flips From Bidding War To Fire Sale As Gulf Barrels Flood Back For much of the past two months, the most important oil price in the world was the one nobody saw on TV.While ICE Brent futures chopped around in a range, the price of actual, deliverable barrels went parabolic: as we noted at the time, Date…

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