Europe’s Oil Demand Is Lifting Prices in West Africa and the North Sea
Oil
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Article by:
Bill Lehane and Sherry Su - Bloomberg
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Date Published:
February 12, 2024
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Who was cited:
James Davis, Director of Short-Term Global Oil Service - FGE
Europe’s oil refineries are stepping up crude purchases following a surge in the price of diesel and disruptions to imported shipments from the Middle East. The situation is driving up the cost of physical barrels of oil.
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