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Rory Johnston @Rory_Johnston · Mar 5, 2022
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Interesting to read the rationale. Even more interesting that they felt the need to release such a detailed statement. Gonna be even more wary of any subsequent purchases—feels like only remaining *possible* buyers will be state-owned/wouldn’t feel the need to issue a statement

Tweet Mar 5, 2022
OIL MARKET: Shell has just published a second statement trying to explain its decision yesterday to buy a cargo of Russian Urals crude (at a record discount of $28.5-a-barrel under Brent). The statement is reproduced below in full, but with own highl
by Javier Blas
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