Aramco to shift more crude production to petrochemicals

MOSCOW (MRC) -- Saudi Aramco aims to allocate some 2-3 million barrels per day of its crude oil production to petrochemicals, CEO Amin Nasser said on Tuesday, a sign the state energy group is hedging its bets against a possible demand slowdown, as per Hydrocabonprocessing.Aramco has been boosting its investments in refining and petrochemicals to secure new markets for its crude, as it se

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