Oil refining sector to recover but could be facing last upcycle
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Article by:
Angela Macdonald-Smith, Australian Financial Review
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Date Published:
March 25, 2019
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Who was cited:
Fereidun Fesharaki, Chairman FGE
Oil refining margins will recover from their current slump and the sector will then enjoy an extended rosy patch, but it could be its last as improving fuel efficiency and the aggressive shift to electric vehicles in the huge Chinese market take their toll.
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