UPDATE 2-Majors, refiners book 12 mln bbls crude to U.S.

Newswire

(Adds EIA information on Algerian exports paragraphs 9-10) By Simon Webb LONDON, May 23 (Reuters) - Oil majors and refiners have booked a large volume of sweet crude oil for export from the North Sea and Algeria so far this week as U.S. refiners ramp up output to meet summer gasoline demand. Sweet crude is favored by refiners looking to boost motor fuel output to meet demand from U.S. drivers taking to the roads for summer vacations. In two days alone, 12 million barrels of sweet ...

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