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Refineries brace for further headwinds from COVID-19 as recovery looks patchy

Refineries brace for further headwinds from COVID-19 as recovery looks patchy

Oil Markets · S&P Global Energy

July 16, 20209m 38s

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Show Notes

Storm clouds still lurk over the refining sector as a combination of firm heavy crude prices and limited upside to light product prices squeeze margins for simple and complex installations alike, even as a rapid demand recovery in some countries has taken markets by surprise. Refining expert Elza Turner tells Joel Hanley the latest.