Better margins for crude oil refiners
- 6 years ago
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The current weak crude oil prices have curbed refinery capacity expansion globally which bodes well for existing players in the form of wider profit margins.
Dr Jeff Brown from Fge Ltd said that many mega projects are mostly complete and the only next big-scale refinery that would be up and running will be in the Middle East in 2018 or 2019.
The current weak crude oil prices have curbed refinery capacity expansion globally which bodes well for existing players in the form of wider profit margins.
Dr Jeff Brown from Fge Ltd said that many mega projects are mostly complete and the only next big-scale refinery that would be up and running will be in the Middle East in 2018 or 2019.