U.S. Atlantic Coast Oil Product Exports May Rise 40%, Poten Says
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Oil product exports from U.S. Atlantic Coast refineries may advance as much as 40 percent this year, said Poten & Partners Inc., a New York-based shipbroker and consulting firm.
Buyers in northern Europe will account for about 9 million barrels in 2011, making them the largest purchasers, while shipments to the Caribbean and Mediterranean will also advance, Poten said in a report on its website and sent by e-mail Aug. 12.