“The refiners will come for the oil, ” Ben Luckock, Trafigura’s co-head of oil trading, said in an interview. “Let’s see how much is there. We’re shifting significant volumes of crude oil at the moment at really quite strong numbers and we’ve got people coming for it everywhere.” (File pic shows an oil refinery in Melbourne.)
NEW YORK: Trading house Trafigura Group expects oil prices to move even higher as refiners boost runs to meet rising product demand amid tight physical crude stocks.
“The refiners will come for the oil, ” Ben Luckock, Trafigura’s co-head of oil trading, said in an interview. “Let’s see how much is there. We’re shifting significant volumes of crude oil at the moment at really quite strong numbers and we’ve got people coming for it everywhere.”
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