Discount shopping: PSU refiners stock up on cheap Russian crude

Discount shopping: PSU refiners stock up on cheap Russian crude

Refiners choose a crude type based on the margin it will ultimately generate, calculated using the volume of different products a specific crude can generate and the margins available on each. Cheaper crude from Russia can be blended with other varieties for use by refineries even if Russian grade is not their staple feed. This will help boost refiners’ margins.

About Author

Related posts