Asian Oil Refining Renaissance Is Grinding Into Reverse Gear
Saket Sundria and Elizabeth Low - Bloomberg
November 24, 2021
Who was cited:
Sri Paravaikkarasu, Director of Asia Oil and Head of East of Suez Oil Service FGE
Asian oil refiners are starting to see a recent resurgence in profitability go into reverse, eroding a source of demand strength that helped drive crude prices to an seven-year high last month.