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EASTERN SIBERIAN PACIFIC OCEAN CRUDE OIL (ESPO)
Eastern Siberian Pacific Ocean Crude Oil (ESPO) is a type of crude oil produced in eastern Siberia, Russia, and transported to markets primarily in the Asia-Pacific region via the Eastern Siberia-Pacific Ocean (ESPO) pipeline. ESPO crude oil is a high-quality, low-sulfur blend that typically commands a premium price compared to other crude oil grades due to its favorable refining properties.
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