European refiner squeeze seen in W. African crude changes

European refining is pivotal in “a second wave of structural changes” pummeling West African (WAF) crude oil prices in response to growing production of light oil in North America, notes a report from the Oxford Institute for Energy Studies, London.

http://www.ogj.com/articles/2014/08/european-refiner-squeeze-seen-in-w-african-crude-changes.html