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    Brent spreads become battleground amid doubts over oil rebalancing: Kemp

    By hellenicshippingnews.. Global oil markets are gradually rebalancing, but progress has been slower and more uneven than the Organization of the Petroleum Exporting Countries and bullish hedge funds expected. OPEC as well as most commentators, crude traders and hedge funds have assumed the rebalancing of the oil market will be accompanied by a shift from contango towards … Read full story ›

    Source:: Hellenic shipping news Oil