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Exclusive: Glencore loses exclusive marketing rights to two Libyan crude grades

January 10, 2019 12:19 PM
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LONDON (Reuters) - Trading and mining giant Glencore (GLEN.L) has lost its exclusive marketing rights for two of Libya’s main crude oil export grades after holding those rights since the end of 2015, trading sources with direct knowledge said.

China’s Unipec has been allocated three cargoes of that crude in January, according to one of the sources.

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