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BRENT SPREADS IMPROVING SIGNIFICANTLY | Blue line – av. front 3 spreads, Orange line – Brent physical/paper spread and White line – Brent Price | Source: CTC & Bloomberg

BRENT SPREADS IMPROVING SIGNIFICANTLY | Blue line - av. front 3 spreads, Orange line - Brent physical/paper spread and White line - Brent Price | Source: CTC & Bloomberg

BRENT SPREADS IMPROVING SIGNIFICANTLY | Blue line – av. front 3 spreads, Orange line – Brent physical/paper spread and White line – Brent Price | Source: CTC & Bloomberg