U.S. Crude Oil Influence Grows with More Exports to Europe
U.S. crude oil continues to play a more significant role in global crude pricing. In the year since WTI was admitted into the delivery mechanism for Brent, trading interest around the U.S. market has increased significantly. both in volumes of WTI crude futures being traded outside U.S hours, and also in rising volumes for all of the WTI related futures and options.
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