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...“It’s huge news,” said John Padilla, managing director at IPD Latin America....
...Prices for US West Texas Intermediate crude in Midland, Texas, were $56 a barrel on Monday, $19 a barrel below the global benchmark Brent....
...That compares with 210m traded last year in the ICE Europe’s Brent crude contract and 10m for ICE cocoa contracts traded in New York....
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