Middle East Economic Survey
VOL. XLVII
No 39
27-September-2004
OIL PRICES
Refiners Not Interested In More Heavy Crude, Says Société Générale
Refiners are awash with heavy sour crude oil, supporting wide light-heavy crude differentials for the near term, according to Société Générale. In the report Weekly Oils: Sweet Crude Tomorrow But Never Today, published on 20 September, Société Générale Economist Deborah White observes: As Saudi Arabia swears and inter-grade crude differentials bear witness,...
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