The refining sector will face challenging times ahead
8With the growth rate of refining capacity in being more than 50 percent greater than the growth rate of oil demand, there could be excess supply of refining, which is expected to continue to increase.
8This is likely to put downward pressure on utilization and margins in the three hubs (North America, Europe and Asia) up to 2020...http://goo.gl/WNluOb
8With the growth rate of refining capacity in being more than 50 percent greater than the growth rate of oil demand, there could be excess supply of refining, which is expected to continue to increase.
8This is likely to put downward pressure on utilization and margins in the three hubs (North America, Europe and Asia) up to 2020...http://goo.gl/WNluOb
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