Oil refineries cashing in : comparemela.com

Oil refineries cashing in

Oil refineries are making nearly five times as much money from refining petrol as they did year ago, data show. A lack of capacity to refine petrol and diesel from crude oil has helped to push fuel prices to record levels, and increased profits for refinery owners. Petrol prices are at an all-time high though the oil price remains well below record levels. The loss of Russian supplies has stretched …

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