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Reuters clients get exclusive news of Spanish refinery restarting07.02.2009
Reuters clients received exclusive market-moving news on July 2 that Repsol’s Cartagena refinery in Spain had unexpectedly restarted, which killed profit levels of middle distillates, such as gas oil and diesel — key products of European refiners — and supported North Sea Brent futures prices. Oil traders and financial investors are closely watching refinery operations in Europe, where supply and demand for gasoline and middle distillates are unbalanced, to see the next oil market move. |
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