Oil Trader Trafigura Sees Record U.S. Crude Exports in September

Updated on
  • Three vessels said booked to transport U.S. crude to Europe
  • Trades spurred by cheap freight costs, WTI-Brent spread

U.S. crude exports are poised to climb to a record in September as oil traders including Trafigura Group Pte. take advantage of a widening price difference between the Brent and West Texas Intermediate benchmarks and cheap transportation costs.

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