Oil Traders Set to Pounce as U.S. Prepares to Lift Export Ban
- Traders from Mercuria to Vitol to profit from U.S. oil flows
- Biggest traders expanded U.S. operations ahead of ban ending
WTI-Brent Spread May Hinder U.S. Oil Export Plan
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Collapsing crude prices, whipsaw volatility and the ability to store and sell oil forward for delivery at higher future prices made 2015 a banner year for the world’s biggest traders.
Now things could get even better.