Refiner Alon USA and J. Aron, the commodities trading arm of Goldman Sachs, have entered into a deal that could potentially enable the investment bank to sidestep tighter regulations on speculative commodities trading. Alon has agreed to purchase crude owned by J. Aron for processing at its 70,000 barrels per day refinery at Big Spring Texas, and J. Aron has agreed to buy products refined at Big Spring from Alon. J. Aron will also lease crude and product storage space located at the plant, according to a report filed with the US Securities and Exchange Commission (SEC) on Mar. 1.
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