Asian Oil Refining Renaissance Is Grinding Into Reverse Gear
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Article by:
Saket Sundria and Elizabeth Low - Bloomberg
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Date Published:
November 24, 2021
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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.
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