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Oil Market Thursday, January 24, 2013

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UP, refinery processing down 5% to 68mn t

In the first ten months of 2012, Italian refineries' output fell to 68mn t, a drop of 5% from the same period of 2011. The data come from the latest edition of UP informa, the newsletter of the Unione Petrolifera. Processing of the crude of foreign customers (included in the above total) is estimated to be 5.2mn t (+37.3%). Net of 7.1mn t consumed ...

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