According to Wall Street Journal, Vitol Group, a Dutch oil-trading titan, is buying the crude. The oil will head to a Vitol subsidiary's refinery in Cressier, Switzerland, which supplies diesel and other fuels to Northern Europe
First U.S. company starts to export crude oil to Europe in early January
Enterprise Products Partners LP said on Wednesday that during the first week of January it will load 600,000 barrels of light, sweet crude pumped in South Texas into a tanker at its oil terminal on the Houston Ship Channel.
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