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Trafigura, Gunvor demand sparks jump in Brent oil benchmark

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Trading houses Trafigura and Gunvor bought nine cargoes of crude that underpin the international Brent benchmark in the last week and bid for more, helping to drive the steepest gains since a change in the way it was assessed in 2023. The moves on the physical Brent market, a small club in which oil majors ...

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