Global refining activity slump extends into May as glut builds -IEA

Capt. John

The sharp decline in global refining activity has continued in May, the International Energy Agency said in its monthly oil market report, as refiners face the double whammy of rising crude prices and falling diesel profits. The agency now sees global crude refining throughput at 66.2 million...

https://www.hellenicshippingnews.com/global-refining-activity-slump-extends-into-may-as-glut-builds-iea/

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