U.S. oil refiners set to experience worst quarter of earnings in pandemic – Yahoo Finance
U.S. oil refiners set to experience worst quarter of earnings in pandemic – Yahoo Finance
By Laura Sanicola NEW YORK (Reuters) – U.S. refiners expect a painful list of fourth quarter earnings, reflecting pressure from rising crude prices, weak demand due to renewed COVID-19 travel restrictions and higher costs associated with blending renewable fuels into their products. According to IBES data from Refinitiv, seven independent U.S. refiners are expected to […]
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