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Nefte Compass
Russia Strives for Global Pricing Recognition
Copyright © 2010 Energy Intelligence Group, Inc.  (click for details)
Thursday, March 11, 2010

Summary
Russia is driven by a desire that its standing as a top world oil power should be reflected in how prices are formed in global trading markets. But while its campaign to establish its new Espo crude export grade as an international benchmark shows promise, efforts to turn itself into a leading oil product market look less likely to succeed.

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