Changing quality mix is affecting crude oil price differentials and refining decisions">Changing quality mix is affecting crude oil price differentials and refining decisions
(Thu, 21 Sep 2017) Growth in global liquid fuels supply since March 2017 has been driven by increases in the production of historically higher-priced light crude oils. This growth has more than offset recent declines in the production of medium and heavy crude oils. As these production trends continue, price differences between certain crude oils are narrowing, and refinery operation decisions are changing.
Leave a comment