"For UK refiners the economics were right to increase their imports from the US in January while cutting imports from Norway," Jonathan Leitch, research director for refining and oil product markets at Woodmac, said. "This may not continue in February and the UK may buy more crude from other regular suppliers such as Nigeria, Algeria and Russia, as well as the US and Norway."
"For UK refiners the economics were right to increase their imports from the US in January while cutting imports from Norway," Jonathan Leitch, research director for refining and oil product markets at Woodmac, said. "This may not continue in February and the UK may buy more crude from other regular suppliers such as Nigeria, Algeria and Russia, as well as the US and Norway."