GLOBAL OIL REFINING PROFITS SURGE AND MAY STAY STRONG
https://media.zenfs.com/en/reuters.com/84b15b7a3ddf58259e0547c8304f9636
✍️ Global refining margins have hit multi-year highs in November due to sanctions on Russia, refinery outages and maintenance, according to LSEG data and analysts.
👉 Global refining margins have hit multi-year highs in November 👉 Sanctions on Russia, refinery outages and maintenance have contributed to the strength in margins 👉 Ukrainian drone attacks on Russian oil refineries and pipelines have disrupted operations 👉 Plants have closed in the United States and Europe 👉 The International Energy Agency raised its forecast for European refining throughput by 290,000 barrels per day for November and December
-- #JohnEvans #EugeneLindell #SusanBell #PatrickPouyanne #LONDON #NEWYORK #NEWDELHI #RUSSIA #UNITEDSTATES #EUROPE #KUWAIT #NIGERIA #business
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