(Bloomberg) -- Profit from turning crude oil into
gasoline and other products may fall by the end of the third
quarter as fuel demand declines, Seoul-based Woori Investment &
Securities Co. said.
Refining margins may fall as much as 25 percent by late
September after gaining on higher demand for transportation and
power-generation fuels in the second and third quarters, said
Kenneth Shin, a Seoul-based analyst at Woori Investment
Read more at Bloomberg Energy News
gasoline and other products may fall by the end of the third
quarter as fuel demand declines, Seoul-based Woori Investment &
Securities Co. said.
Refining margins may fall as much as 25 percent by late
September after gaining on higher demand for transportation and
power-generation fuels in the second and third quarters, said
Kenneth Shin, a Seoul-based analyst at Woori Investment
Read more at Bloomberg Energy News
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