Refineries

  • Crude Oil
    The U.S. Refineries Are Facing Crude Oil Shortage

    The U.S. Refineries Are Facing Crude Oil Shortage

    A shortage of heavy crude has limited U.S. refiners from profiting from stronger margins ahead of the new sulfur emission guidelines of the International Maritime Organizations, which will enter into effect next January. S&P World Platts reports a narrowed unfold between the prices of sunshine candy crude and substantial sour grades ensuing from the availability crunch within the latter has pressured refiners’…

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