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St Petersburg Exchange records first oil product trades

Original: биржа

The St Petersburg Exchange has registered its first trades in oil products, a new step for Russia's commodities market. The news is drawing attention in Russia, where trading in petroleum products via the exchange is being closely watched amid shifts in the country's energy sales and sanctions-related changes to how oil and refined products are marketed.

Why now: The launch of oil product trading on the St Petersburg Exchange is new and significant for Russia's energy market.

St Petersburg ExchangeRosbalt

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