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