The Global Fining System Is Facing Bottlenecks

Refining margins are very strong at the moment. Oil companies might make a lot, because they've got the oil in the ground and now that's worth more than it was a year ago. Opec oil producers have been slowly dribbling extra umes back on to the market. They're very cautious about over supplying, so the price has gone up. Russia is being prevented, in some cases, from selling deazel into the international market. The chinese refiners are not exporting deazel and gasoline as they have in the past. There's a sort of perfect storm of supply chain bottle necks.