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Home2016June 2016Industry Perspectives: Refining’s silver lining fades for major oil companies

June 2016

Trends and Resources

Industry Perspectives: Refining’s silver lining fades for major oil companies

For major oil companies, refining has offered a silver lining since the oil market crash that began in mid-2014. While overall profits have declined, healthy margins from the refining sector—owing to lower feedstock prices—have insulated many top companies from major losses.

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