Oil refiners may have to shut a few units - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Oil refiners may have to shut a few units

A deep demand destruction due to lockdown has left most refineries with run rates of barely 50-60% and little tank space to store their refined products or crude oil. An extended lockdown would keep demand low and require refiners to respond with supply cut.

from Industry-Economic Times
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