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Global oil majors look to shed refineries as crude prices rebound - Reuters
Reuters | Global oil majors look to shed refineries as crude prices rebound Reuters Refining profit margins have declined from highs seen in 2015, and the fear is that as crude prices recover from a two-year rout, refiners will be squeezed as the cost of oil rises but the price of gasoline does not keep pace. Selling the plants while ... |
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