Refinery crisis looms in oil markets – OilPrice.com

Refinery crisis looms in oil markets – OilPrice.com

The energy transition underway, combined with the effects of Covid-19, will drive future oil demand to levels below what was expected just a few months ago. As a result, a plethora of planned refinery additions will far exceed closures by 2025, and utilization rates will likely never return to pre-pandemic levels unless capacity shuts down […]

The post Refinery crisis looms in oil markets –…

View On WordPress


Discover more from USNewsRank

Subscribe to get the latest posts sent to your email.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

0
Would love your thoughts, please comment.x
()
x