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WTIU - Reduced U.S. crude discount could threaten exports traders say
UBS AG London Branch ZC SP ETRACS REDEEM 04/01/2047 USD 25 - Leveraged Long
Two long-awaited pipelines out of the Permian Basin started shipping oil to Gulf Coast export hubs last week, just as the gap between the U.S. West Texas Intermediate crude benchmark and the global Brent price has fallen to lowest level since July 2018.
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