All signs point toward a continuation or even increase in strong refining margins over the next year, said US consultants ESAI. In the latest edition of its Stockwatch Quarterly Review, ESAI said a deepening gasoline deficit in the US, combined with tough new specification changes, will be the major drivers. “Distillation capacity will grow faster…
MARKETS: ESAI says US oil demand will keep refining margins strong
Posted on November 6, 2003 by EnergyAsia