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Lord_Shisui t1_j251q5d wrote

Reply to comment by Yelmel in Japan Set to Import First Crude Shipment From Russia Since May by IndependentTHNKR

Cap is above the market price at the moment, so I would assume they will pay less.

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Yelmel t1_j2552t4 wrote

Okay thanks. I think to conform to the regime your contract outline has to stipulate a capped price even if market price is less for any given shipment. I can't access the article so...

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