Global refining margins have halved since February as Russian crude exports remain elevated despite sanctions, boosting fuel output from China and India, Reuters has reported, noting the coming boost in global refining capacity. In March, refinery output from China and India—Russia’s biggest oil clients currently—hit a record and exports of fuels are also up. That’s despite price caps on Russian crude oil and fuel exports aimed at curbing revenues. The caps were also widely expected to shrink Russia’s crude oil…
Hence then, the article about abundant russian supply causes drop in refinery margins was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Abundant Russian Supply Causes Drop In Refinery Margins )