As virus destroys fuel demand, global refiners prepare run cuts

As virus destroys fuel demand, global refiners prepare run cuts
WESPECH PTE LTD
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20.03.2020

MOSCOW (MRC) -- Falling prices for crude oil are usually a good thing for global refiners - except when nobody is driving, reported Hydrocarbonprocesing.Gasoline demand in the United States, the world's largest oil consumer, is plunging. International flights are being grounded worldwide, slamming jet fuel demand.Margins for producing transportation fuels turned negative in Europe and As

Full article at mrcplast.com

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