Bulletin Updates

India’s Reliance starts trading US oil setting Brent oil benchmark – 3 May 2024

May 03, 2024

India’s Reliance has made its first foray into trading a type of U.S. crude oil that underpins the global Brent benchmark in a process run by oil-index publisher S&P Global Commodity Insights, the publisher said. Reliance Industries, operator of the world’s biggest refining complex, on Wednesday offered a cargo of WTI Midland in the Platts Market on Close process, known as the Platts window

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