Saturday, 29 July 2017

Physical oil market tightens as refiners scramble for crude

Physical oil market tightens as refiners scramble for crude
29 July 2017, London — Physical crude markets are at last showing signs of tightening as record refinery consumption in the United States coincides with a slowdown in oil exports from the Middle East Gulf. U.S. refineries processed an average of almost 17.3 million barrels of crude per day last week, an increase of 620,000 […] More »

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