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Light oil |
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| Light oil such as sweet almond oil or sunflower can be found in the grocery store. There is a reasonable chance that this new field could open a completely new range of ultra-deep light oil fields on the shores of Brazil, which could increase considerably not only the size of the proven oil reserves of Petrobras, but also the quality of the oil available in the country. These higher prices encourage the rapid liquidation of refined product inventory which has the tendency to lower light oil marketing margins (net backs) throughout our pipeline supplied Southeast terminaling network. |
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