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The Backwardation on ULSD Barge Swaps Opened up to $7.75/Mt Friday
Apr 16, 2014The near-term supply shortage of ultra low sulfur diesel in Northwest Europe has forced up the forward curve backwardation to an 11-month high, and prompted the barges and cargo swaps to trade at the narrowest spread since October 2013, ...
Tags: NWE Diesel, ULSD cargoes
