North Sea Oil Exports to Asia at 8-Year High

- February 1st, 2012

Bloomberg reported that North Sea oil exports shipped to Asia have surged to the highest in the past eight years.

Bloomberg reported that North Sea oil exports shipped to Asia have surged to the highest in the past eight years.

As quoted in the market news:

Companies led by BP Plc and Vitol Group have sent at least 8 million barrels of North Sea oil to Asian ports since mid-December, equivalent to six days of U.K. production, according to ship-tracking data from AISLive Ltd.

Click here to read the full Bloomberg report.

Tags

Tags:

Leave a Reply