U.S. oil refiners set for worst earnings quarter of the pandemic

U.S. oil refiners set for worst earnings quarter of the pandemic
WESPECH PTE LTD
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26.01.2021

MOSCOW (MRC) -- U.S. refiners are girding for a painful slate of fourth-quarter earnings, reflecting the pressure of rising crude prices, weak demand due to renewed COVID-19 travel restrictions, and higher costs of associated with blending of renewable fuels into their products, said Hydrocarbonprocessing.Seven U.S. independent refiners are projected to post an average earnings-per-share

Full article at mrcplast.com

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