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Global Oil Refiners To Deepen Output Cuts As Coronavirus Destroys Demand

Global Oil Refiners To Deepen Output Cuts As Coronavirus Destroys Demand
Refiners in Asia are now losing money as domestic demand has dried up with people staying at home, and bleak margins not making exports lucrative either. A complex refinery in Singapore stands to lose nearly $2 for every barrel of crude it processes, ...
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