Venezuela’s American Refinery Profit Falls In Q2 ...Middle East

Venezuela’s Citgo Petroleum Corp saw its net profit fall to $380 million in the second quarter of this year, the company reported on Thursday. Citgo’s Q2 profit last year was $1.29 billion, and $937 million in the first quarter of 2023, and the refinery posted a record $2.8 billion in net profit for the full year 2022. In the two years prior, Citgo reported two years of losses. Citgo refined 761,000 barrels of crude oil per day in the second quarter, with 94% capacity utilization. That’s down from Q1 figures, which showed the…

Hence then, the article about venezuela s american refinery profit falls in q2 was published today ( Thursday 10/08/2023 - 11:36 PM ) and is available on OILPRICE ( 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 ( Venezuela’s American Refinery Profit Falls In Q2 )

Also on site :

• The Pentagon Wants 300,000 Drones But China Controls The Magnets
• Higher Oil Prices Have Cost U.S. Consumers $45 Billion Since Iran War Began
• Political and Economic Shifts Cause Massive 42% Clean Energy Slump