2011-01-20telegraph.co.uk

``The reports suggested that Hetco's purchases were the basis of a trading play and the trading house now has 30pc of the Forties oil being loaded next month and 25pc of Brent cargoes. Brent crude's premium over West Texas Intermediate oil has been increasing to abnormal levels since August last year, as US inventories of both oil and gas remain at high levels. ''



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