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Poor refining margins pressure European, West African crude values

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Listen: Poor refining margins pressure European, West African crude values

Benno Spencer, Ned Molloy and Paula Vanlaningham, members of the Platts European crude oil price reporting team, discuss the recent reversal of fortunes for North Sea crude values, the bearish Mediterranean and Urals crude markets, stymied West African crude arbitrage to China and an environment of poor refining margins across Europe.


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