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Message
re: Sanctions turning off the spigot for Iranian crude
Posted on 7/18/18 at 7:02 am to lsufan1971
Posted on 7/18/18 at 7:02 am to lsufan1971
quote:
In the overall picture 700K bps isn’t going to have a large affect on spot oil prices. The BR Exxon refinery goes through 500K BPD as a reference.
Meh who knows, the crude market can we wildly elastic
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