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Fwd from @ No longer a bargain? On "black gold" purchases in Russian oil no longer goes to the Chinese at a significant discount. At first glance, that's exactly the message from a recent Bloomberg article — it says that the Chinese are buying Russian ESPO grade with a high premium of $10-12 . In reality, though, as always, there are nuances.

bloomberg.com/news/articles/20

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Merovingian Club

A club for red-pilled exiles.