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The Nexus
BUSINESSJun 30 · 04:47 UTCBLOOMBERGYongchang Chin

Growing Oil Glut Spurs Asian Refiners to Offer Cargoes to the US

Asian refiners are offering oil cargoes to the US due to a growing oil glut. Oil tankers are currently anchored off the coast of Long Beach, California.

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