JANUARY CRUDE OIL MOVEMENTS FALL SEVEN MLN TONS

  Worldwide spot crude oil movements fell
  to 30.07 mln long dwt in February from 37.25 mln tons in
  January and 41.44 mln in December, London shipbroker Howard
  Houlder said.
      The decline mainly reflected a sharp drop in movements out
  of the Mideast Gulf, which totalled 7.4 mln tons last month
  against 11.65 mln in January. These included shipments to
  western options at 2.05 mln tons against 3.59 mln previously.
      Liftings from the Gulf to eastern options fell to 4.15 mln
  tons from 5.94 mln and those from the Gulf to other areas
  dropped to 1.2 mln tons from 2.13 mln, Howard Houlder said.
      U.K./Continent coastal movements declined sharply to 2.91
  mln tons from 4.77 mln but those from the U.K./Continent to the
  U.S. rose to 1.99 mln from 1.69 mln.
  

