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Global oil refining could rebound in June, but margins weak - IEA

FILE PHOTO: A general view shows the French oil giant Total Refinery in Donges
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LONDON/NEW YORK (Reuters) - Global oil refining production could start rebounding in June, the International Energy Agency said on Thursday, but refiners' margins may be squeezed due to rising crude prices as producers slashed output much faster than expected.Refiners throttled back output globally as the coronavirus pandemic sent billions of people into lockdown and cut fuel demand by 30%. Crude..
Date Published: May 14, 2020
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