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Oil refineries
Daily Infographic: All about refineries
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https://www.freightwaves.com/news/daily-infographic-all-about-refineries
Daily Infographic: Gasoline Explained
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Key Indicators in the Asia Residual Fuel Market : May 17-21
Traders have said some storage costs of unsold oil are being offset, especially with weak bunker demand in Singapore, as the Asian low sulfur fuel oil market June/July contango widens, according to bunker suppliers says an article published in Platts.
The Asian high sulfur fuel oil market was witnessing contrasting indications of demand for power generation from the Middle East, led by Saudi Arabia, while heavy showers, rising infections, and falling demand in Sri Lanka cast a bearish sentiment.
M...https://mfame.guru/key-indicators-in-the-asia-residual-fuel-market-may-17-21/
Oil Refiners Close Plants Over Lost Demand Worries
- Oil refiners shut plants as demand losses may never return.
- The pandemic initially cut global fuel demand 30% and refiners temporarily idled plants.
- Consumption has not returned to pre-pandemic levels and lower travel may be here to stay, leading to the possibility plants may shut permanently.
Oil refiners are permanently closing processing plants in Asia and North America and facilities in Europe following an uncertain prospect for fuel demand recovery after the coronavirus pandemic cut...
https://mfame.guru/oil-refiners-close-plants-over-lost-demand-worries/