May 10, 2012 (4:34 mins)
Platts crude oil reporters, Olivier Lejeune and Daniel Colover, discuss the continuous flow of North Sea crude to South Korea seen since December 2011, which has increased European crude prices and limited refiners’ profit margins for the benefit of UK and Norwegian oil producers, crude traders have said. The European Commission says it has not received any formal complaints from the European refining community.
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