Refiners make hay as global profit margins rebound
Oil
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Article by:
Mohi Narayan, Laura Sanicola and Ahmad Ghaddar - Reuters
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Date Published:
August 10, 2023
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Who was cited:
Eugene Lindell, Head of Refined Products - FGE London
Global refiners are raking in hefty gains, fuelled by a rebound from second-quarter lows in margins on making oil products such as diesel, jet fuel and gasoline, a trend that oil companies and experts expect will continue for the rest of 2023.
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