Royal Dutch Shell amends rules

Royal Dutch Shell has unilaterally amended the rules of one of the important components of the North Sea Brent market, which sets the basis of billions of dollars of oil trade worldwide in an effort to support trading liquidity. Shell said it would alter its SUKO 90 terms which govern how forward BFOE (Brent, Forties, Oseberg and Ekofisk) cargoes are traded. Shell posted the amendment to terms and conditions on its website.

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