(EnergyAsia, August 26) — Refinery capacity expansion plans are needed in the major consuming regions to reflect the evolving quality of global crudes if efforts to moderate crude prices and reduce oil market volatility are to be effective, according to the OPEC Monthly Oil Market Report for August. The report highlights the fact that…
MARKETS: OPEC says world needs to expand oil refining capacity
Posted on August 26, 2005 by EnergyAsia