Asian refiner profits hammered by free-fall in fuel oil margins
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Article by:
Roslan Khasawneh, Koustav Samanta - Reuters
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Date Published:
August 23, 2019
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Who was cited:
Sri Paravaikkarasu, Director for Asia Oil
Asian refining margins have tumbled more than 50% since mid-July on anticipation of plummeting demand for high sulfur fuel oil (HSFO) ahead of a shift to cleaner marine fuels next year.
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