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Oil Market Monday, August 07, 2006

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REFINERIES SEE 1.9% DROP IN FIRST HALF OF YEAR

Unione Petrolifera estimates show that refining in the first six months of 2006 produced 47.9mn tons, another drop after the -2.5% of the first five months, at -1.9%. Total processing of crude was 44.4mn tons and semi-processed foreign was 3.1. Plant use was at 94%.

The Cif cost of crude paid by operators was 374.32 euros/ton, +41.2% over the same ...

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