HollyFrontier posts smaller-than-expected loss as fuel demand recovers

HollyFrontier posts smaller-than-expected loss as fuel demand recovers
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09.11.2020

MOSCOW (MRC) -- U.S. refiner HollyFrontier Corp has posted a smaller-than-expected quarterly loss on the back of cost cuts and a recovery in fuel prices, said Hedocarbonprocessing.Oil refiners have been forced to cut production and slash spending as they struggle with months of sluggish demand as coronavirus-led lockdowns wrecked the need for travel. While demand for fuel has gradually pi

Full article at mrcplast.com

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