Factbox: Oil Refiners Close Factories Because Demand Losses May Never Return – EnerCom Inc.

Factbox: Oil Refiners Close Factories Because Demand Losses May Never Return – EnerCom Inc.

Reuters Oil refiners are permanently shutting down processing plants in Asia and North America, and facilities in Europe may be next due to uncertain prospects for fuel demand picking up after reduced consumption from the coronavirus pandemic. Source: Reuters The pandemic initially reduced global fuel demand by 30% and refiners have temporarily put their factories […]

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