Oil and Gas Investing News » Cosmo Oil to cut volumes for Jan-Mar

Cosmo Oil to cut volumes for Jan-Mar

January 5, 2010 @ 3:33 pm In Oil & Gas Market News

OnTuesday, it was reported that Japan's Cosmo Oil Co Ltd (5007.T) plans to cut its crude oil processing volumes for January-March by 4.6 percent from the same period a year earlier.

The news release is quoted as saying:

Japan's fourth-largest oil firm plans to refine 7.225 million kilolitres of crude oil in the first quarter, Cosmo said. The company also said its planned refining volumes for January alone would be 2.51 million kl, up 2.1 percent from a year ago.

Click here to access the entire press release ^[1]

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[1] Click here to access the entire press release: http://www.reuters.com/article/idUSTFD00651820100105