Tuesday, January 31, 2017

Lured by discounts, U.S. East Coast refiners snatch up Brazilian crude

NEW YORK/HOUSTON, Jan 31 (Reuters) - U.S. East Coast

refiners are on a Brazilian crude buying spree, market sources

say, displacing West African cargoes as producers such as Royal

Dutch Shell and Norway's Statoil sell rising

output from fields off Brazil's coast.

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