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Oil Markets

Traders Panic as Platts Excludes Russian Diesel

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Benchmark price reporter S&P Platts has announced it will exclude Russian-origin fuel from its main European ultra-low-sulfur diesel (ULSD) and gasoil cargo assessments from the start of next month, sparking midweek panic in the region's huge Platts-indexed swaps market.

Topics:
Oil Spot Markets, Oil Trade, Crude Oil, Oil Products
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