New post:
Flush with an influx of crude oil, independent global refiners are refining at breaking speed. Oil traders who bought at the lows in February ($26.01) are unloading to downstream channels. These sales should continue and will help E&P balance sheets, but only so much, as losses have greatly damaged the industry. Continued sales and revenue will repair the losses and allow for more seemingly comfortable M&A and integration.
Read more at Investing.com
New post: Flush with an influx of crude oil, independent global refiners are refining at breaking speed. Oil traders who bought at the lows...
About author: @Chaganomics Editor
Chaganomics.com is one of the world's top economics blogs. Founded by author and economic analyst Chad Hagan, Chaganomics is an educational website focused on business and the economy with a focus on geopolitical economics and commodity economics.
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