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A number of familiar traders revealed that the South Korean refining company GS Caltex purchased 2 million barrels of US crude oil. The pick-up and shipment time was in late August. The transaction price was about 18 US dollars per barrel higher than the benchmark price of crude oil in Dubai in October. Traders said that this batch of crude oil freighters is expected to arrive at their destination in early October. The crude oil seller this time is Toko Group. GS Caltex also previously purchased US crude oil for the August shipping schedule. At the time, it was about 14 US dollars/barrel higher than the Dubai crude oil benchmark price.

Zhitongcaijing·07/23/2026 04:49:05
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A number of familiar traders revealed that the South Korean refining company GS Caltex purchased 2 million barrels of US crude oil. The pick-up and shipment time was in late August. The transaction price was about 18 US dollars per barrel higher than the benchmark price of crude oil in Dubai in October. Traders said that this batch of crude oil freighters is expected to arrive at their destination in early October. The crude oil seller this time is Toko Group. GS Caltex also previously purchased US crude oil for the August shipping schedule. At the time, it was about 14 US dollars/barrel higher than the Dubai crude oil benchmark price.