Refiners pin hopes on gasoline for post-lockdown demand recovery
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LONDON (Reuters) - Global oil refiners, battling weak profit margins, are pinning their hopes on a recovery in gasoline demand as coronavirus lockdowns start to ease in many countries around the world.Gasoline was one of fuels the hardest hit by the lockdowns as restrictions on mobility cut demand for the motor fuel by more than 50% in several regions. "Even a slight uptick in gasoline demand will provide support to overall margins," a source at a trading firm said. In Asia, gasoline..