Thursday, April 9, 2020

Oil refiners may have to shut a few units

A deep demand destruction due to lockdown has left most refineries with run rates of barely 50-60% and little tank space to store their refined products or crude oil. An extended lockdown would keep demand low and require refiners to respond with supply cut.

from Energy-Industry-Economic Times https://ift.tt/2y7y7AE

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