Low price environment looks set to continue
Plentiful supplies provided the basis to low oil product prices in 2015, boosting demand for gasoline. But a growing global middle distillates surplus could end the run of strong refining margins, reports James Burgess, Editor, European Products, Argus Media.
Article details
Journal title: Petroleum Review
Publisher: Energy Institute
Subjects: Oil markets, Economics, business and commerce, Energy consumption, Crude oil, Gasoline, Shale oil, Diesel, Oil prices, Refineries