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North Sea Crude September Crude Flows At Lowest Since June 2022

OIL

Observed crude oil flows from the 20 main North Sea grades in September fell to 1.72mbpd, down from 1.94mbpd in August and the lowest level since June 2022 according to ship-tracking data compiled by Bloomberg.

  • Europe received 1.63mbpd of the North Sea shipments in September, little change from August on a percentage basis.

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