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IPFS News Link • Energy

Saudis drop WTI oil contract

10-28-2009 • Financial Times

Saudi Arabia on Wednesday decided to drop the widely used West Texas Intermediate oil contract as the benchmark for pricing its oil, dealing a serious blow to the New York Mercantile Exchange. The decision by the world's biggest oil exporter

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Reported By Jean Carbonneau

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Saudis drop WTI oil contract

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