Asian gasoline refining margins crash to loss-making 7-year lows
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Article by:
Roslan Khasawneh & Henning Gloystein, Reuters
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Date Published:
December 05, 2018
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Who was cited:
Sri Paravaikkarasu, Director of Asia Oil and Head of East of Suez Oil Service FGE
Singapore’s refinery margins for making gasoline have fallen to their weakest levels in seven years - so low that churning out this key motor fuel has become a loss-making business.
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