Rompetrol readies for listing on London's ICE Futures

Rompetrol pursues to obtain a type of crude with the characteristics required by West European refineries and capable of asserting itself on the market as a distinct product, thus qualifying for getting listed on the London-based ICE Futures. The crude mix will be obtained according to the REPCO (Russian Export Crud Oil Brand) model and Rompetrol seeks a consistent blend of crude extracted from ex-Soviet countries in the Black Sea and Caucasus area. To this aim, the company needs to also ...

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