It may help understand some of the specifics of the US crude market and allow you to judge all the headline news regarding storage, US market demand, crude export ban and how the refineries are set up.
Keep in mind the big 3 shales plays (Permina, EFS & Bakken) all produce light sweet crude - some of it very light and very sweet. And EFS condensates are being exported now (essentially as a "refined product" which is permissible)
Knowing the Context is just as important as knowing the Content.
SSN Price at posting:
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