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re: Just heard that Shell is going to close the Convent Refinery
Posted on 11/5/20 at 11:13 am to fallguy_1978
Posted on 11/5/20 at 11:13 am to fallguy_1978
quote:
oil prices
Refinery generally benefits from low Crude prices.
1
Posted on 11/5/20 at 12:04 pm to Privateer 2007
Yeah generally. But when fuel oil demand has been crushed it’s hard to send it out the door.
I haven’t looked at the data, but just pull 2019 Vs 2020 jet fuel consumption. That ought to give you a glimpse of issues the refinery industry is having right now.
I haven’t looked at the data, but just pull 2019 Vs 2020 jet fuel consumption. That ought to give you a glimpse of issues the refinery industry is having right now.
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