VOL. XLVII

No 06

09-February-2004

OIL PRICES

Crude Prices Choppy On US Refinery Outages, Dip After Stockbuild

Crude prices showed their vulnerability to disruptions to the US refining and distribution infrastructure last week, shadowing products sharply higher on 2 February after fires at two US refineries. Although the capacity of the affected units was relatively small a 100,000 b/d crude distillation unit at BPs Whiting, Indiana refinery and a 60,000 b/d hydrotreater at the ConocoPhillips Wood...