n 360kbd from Dec, at 6.662M bpd. This is consistent with the pickup in the new refinery there. In the North Sea, the window was bid today with both Ekofisk and Forties strengthening. Overall, the past week has seen increasing strength in BFOE grades. BRE spreads rallied off the back of the diff rally. I

project delays is mostly muted as all growth projects are currently either on-stream or under development with growth from the currently producing Ekofisk field alone, estimated at -15% of 2014-2016 North Sea. Post 2016. we expect a decline in the North Sea until the end of the decade/ramp of the mass

tomorrow...In other news, USGC diffs rallied again, an odd move given that imports were still at decent levels in P3. In the North Sea, Forties and Ekofisk were bid (a rarity) as margins remain high. This along with the Libya worries (as Gunmen took over a closed oil field) kept BRE spreads bid in the f