Oil companies in trouble: the condition of refineries in Central European countries
The refining industry, like many other sectors of the economy, is in an extremely difficult situation due to the COVID-19 pandemic. The introduced restrictions (e.g. closed land, sea, and air borders) resulted in a decrease in the demand for all types of fuels. There are over a dozen refineries in Central Europe which had to reduce cut runs. The persistently low refinery margins...
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