Post Tagged with: "worldwide"

Source: Reuters

Explainer: Why is there a worldwide oil-refining crunch?

Reuters

Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and industrial production.

 

Prices were already elevated before Russia invaded Ukraine on Feb. 24. But

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June 22, 2022 - 1:30 pm — Closing Bell Story‎, Crude Oil News, Downstream, Energy News
Source: Reuters

U.S. refiners set for strong start to 2022 as fuel prices surge worldwide

Nasdaq

U.S. oil refiners expect strong first-quarter earnings as margins to sell gasoline and diesel strengthened due to a steep dropoff in refining capacity and crude oil supplies tightened because of Russia’s war with Ukraine.

Refining capacity worldwide has dropped …

April 25, 2022 - 11:30 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Downstream, Energy News
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