Refining profits may surge further after US ban of all Russian oil imports

MOSCOW (MRC) -- Refining profits, or margins, from turning crude oil into products such as gasoline and diesel are ballooning, and could surge further after the US, the world's top oil consumer, on Tuesday banned all Russian oil imports in retaliation of Moscow's invasion of Ukraine, reported Reuters.The US ban on the world's biggest oil exporter of over 7 MMbpd of crude and petroleum pr

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