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Canada Goose Outlet LONDON, Aug canada goose factory sale 26 (Reuters) Crude oil prices in the North Sea and West African markets have jumped this week as reduced supplies from both regions compounds the loss of Libyan crude, and levels may hold strong for a while yet. Canada Goose Outlet
canada goose store North Sea Forties crude traded at a one year high of dated Brent plus $1.20 a barrel on Thursday, dealers said. Nigeria biggest crude stream, Qua Iboe, is valued at dated plus $4.00 or more, up at least Canada Goose online a dollar from Tuesday. canada goose store
buy canada goose jacket cheap whole physical market is in a bit of a frenzy in the Atlantic basin, said a London based crude trader. will canada goose clearance turn around eventually, but for now it looks like it will stay strong. buy canada goose jacket cheap
Canada Goose sale The increase follows signs of tighter supplies in both regions further delays in exports of Forties, the crude that usually sets the dated Brent benchmark used around the world, and reduced Nigerian shipments. Canada Goose sale
canada goose clearance sale everything is looking tight, said a second trader who works for a European oil company. canada goose clearance sale
Canada Goose Jackets Oil canada goose store traders say the tighter market is canada goose uk outlet supporting the structure of Brent futures. Forties is one of the four crudes that sets dated Brent, used to price up to 70 percent of the cheap Canada Goose world crude, including Nigeria Canada Goose Jackets
The spread between the October and November Brent futures contracts has widened this week and was trading canada goose at plus 55 cents on canada goose coats Friday, showing traders place buy canada goose jacket a premium on prompt supplies. [LCOc1 LCOc2]
cheap Canada Goose DEMAND DRIVEN Oil traders said the increase in values was also being driven by strong demand buy canada goose jacket cheap for crude for immediate delivery. cheap Canada Goose
canadian goose jacket demand driven, and margins are decent, said the trader with the European oil Canada Goose Coats On Sale company. canadian goose jacket
canada goose deals In an indication of the potential profit margin from refining Canada Goose Jackets Brent crude, companies in Rotterdam can expect to make almost $5 a barrel, more than a dollar more than the past year average. canada goose deals
The loss of Libyan crude due to the civil war canada goose black friday sale has removed 1.6 million barrels per day (bpd) equal to almost three standard sized Forties cargoes a day uk canada goose outlet from the market, affecting Europe in particular.
A restart is not expected to be imminent. Libya rebel canada goose clearance sale government hopes to resume oil exports within two to three months, the official in canada goose uk black friday charge Canada Goose Online of financial and oil matters told Reuters on Thursday.
Canada Goose Parka Much of Libya crude is cheap canada goose uk light and sweet low in sulphur easy to refine and similar in quality to most North Sea and Nigerian oil. Canada Goose Parka
canada goose black friday sale Analysts at JBC Energy on Friday said Canada Goose Outlet European refiners canada goose coats on sale facing a shortage of light, sweet crude. canada goose black friday sale
North Sea canada goose uk shop output was expected to increase in September after months of delays to shipments, Canada Goose sale following the end of maintenance at Nexen Buzzard field and the BP Plc operated Forties pipeline.
canada goose coats But Canada Goose Parka there were signs this week of Forties supplies remaining unreliable. Three cargoes have been delayed in September and one cancelled, trading sources said. canada goose coats
buy canada goose jacket On Thursday, Norway Statoil bought a cargo of Forties from BP at dated plus $1.20 a barrel, oil traders said. That was the highest premium since August 2010, Reuters data showed. canadian goose jacket BFO FOT piloshop.ca buy canada goose jacket
The Forties deal was not done in the Platts window, where most physical uk canada goose North Sea trading to set the dated benchmark takes place, traders who monitor the window said.
In the West African market, loading programmes showed that exports of Nigerian crude, including Qua Iboe, would fall for a second canada goose outlet month in October, to about 1.85 million bpd.
canada goose clearance Lending further support to the market, Royal Dutch Shell said on Tuesday it might miss shipments of Nigeria Bonny Light crude after attacks on pipelines. canada goose clearance
canada goose coats on sale were more reasons for the market to go up than down, said a West African crude trader. will be people out there who still need to buy, so it may continue. (Editing by Jason Neely) canada goose coats on sale.