November 29, 2019 / 6:00 AM / 12 days ago

Taiwan's CPC buys U.S. crude from Trafigura for March-December arrival-sources

SINGAPORE, Nov 29 (Reuters) -

* Taiwanese refiner CPC Corp has bought U.S. West Texas Intermediate (WTI) Midland crude oil from trading house Trafigura for delivery between March and December via a spot tender, two sources said on Friday

* The refiner will receive 2 million barrels of the crude per month over the period, or about 67,000 barrels per day

* The crude was bought at a premium of below $1 a barrel based on CPC's pricing formula (Reporting By Shu Zhang; Editing by Himani Sarkar)

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