RE: Dissatisfaction with the SP25 Apr 2019 10:28
I read a report yesterday which said that all Russian oil exports are contaminated with chlorine compounds 5 times higher than a safe level for refineries to process. Russia says it can fix the problem quickly but all the oil in the pipelines and in storage etc is unusable - Russia will have to buy back or dispose of the oil and there should be a temporary shortage on the world markets - when combined with Venezuela and Libya and Iran crashing exports - unless the USA and Saudi can up their exports then the POO must increase !
GL all