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The benchmark has sunk by virtually a fifth this quarter on issues that slowing growth in the US and China, the leading customers, will hurt consumption at a time of strong and expanding supplies. Market metrics — including the form of the entire futures curve — point out circumstances fast changing into far less tight. China has offered to engage in talks with the European Commission to address automotive Information economic and trade frictions, aiming to avoid punitive tariffs on its electric autos. The transfer comes as the EU considers decreasing proposed tariffs on Tesla and other Chinese EVs. Bescom …

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