Post Tagged with: "inventory glut"

Source: Reuters

Oil refiners worldwide struggle with weak demand, inventory glut


NEW YORK/LONDON/MELBOURNE- Global oil refiners reeling from months of lackluster demand and an abundance of inventories are cutting fuel production into the autumn because the recovery in demand from the impact of coronavirus has stalled, according to executives, refinery …

September 21, 2020 - 11:00 am Closing Bell Story‎, Crude Oil News, Downstream, Energy News