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Trafigura Clears Floating Forties Crude It Kept Since November

Trafigura Beheer BV, the third-largest independent oil trader, cleared the North Sea Forties crude it stored on board the supertanker Genmar Hercules, according to AISLive data on Bloomberg.

The very large crude carrier had anchored off Southwold, England, since loading the crude in mid-November at Hound Point, the terminal for Forties shipments in Scotland, AISLive data show. A London-based spokesman for Trafigura asked Bloomberg to e-mail its questions when reached by phone and hasn’t replied to the query. A VLCC can carry about 2 million barrels of oil.