China’s fuel demand may peak sooner than expected, which will reduce profit margins and force the closure of older, smaller, and less efficient oil refineries. As a result, up to 10% of China’s oil ...
People are probably a bit confused to see constant references to full storage tanks, and then data from the Energy Information refers to U.S. crude storage capacity utilization being less than 60% ...
Details: On 13 March, an air attack caused a fire at one of the largest oil processing plants in Russia, the Rosneft plant of the JSC Ryazan near Moscow. The operation of a smaller Novoshakhtinsk oil ...
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