Surveillance: Recession Risk with Dudley (Podcast)
Bloomberg Surveillance
00:00
Oil and Gas Refining - Who's Pocketing the Difference?
It's an unusually profitable moment to be in the refining business right now. Refining margins are particularly high if your input crude is heavily discounted russian crud. The oil and gas upstream investment come down by half since 20 14. And that's added to some of the pressures that we see on markets to day.
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