Imported barrels of crude into the UK from the US Gulf Coast rebounded from a five-week low Friday, with shippers swapping out Suezmaxes for Aframaxes on delivered cargoes.
Delivered crude cargoes from the USGC to the UK for the week ended October 26 increased around 1 million barrels week on week, according to data from S&P Global Platts Analytics. An additional 269,000-barrel cargo was exported from the USGC to the Netherlands for that same time period, representing a week-on-week decline in USGC crude cargoes to Rotterdam of 1.35 million barrels.