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The type of oil produced also varies by region. Russia mostly ships heavy and sour crude oil while much of the middle east produces light, sweet crude. I don't
by _heimdall 7mo ago
The type of oil produced also varies by region. Russia mostly ships heavy and sour crude oil while much of the middle east produces light, sweet crude.
I don't know enough about European refineries specifically, but even if you could entirely redirect oil out of the middle east (it wouldn't be that simple), regional refiners may not be setup to process that different type of crude at a similar capacity.
- roryirvine 7mo agoYeah, most refineries in western europe were set up for Brent crude from the North Sea, which is actually somewhat lighter and sweeter than Arab Light or Dubai crude. Russia does produce some lighter oil, but the usual Ural / Volga-sourced stuff couldn't be substituted without additional hydrotreatment.