US oil refiners to post strong Q1 earnings but demand outlook dims

US oil refiners to post strong Q1 earnings but demand outlook dims

(Reuters) – U.S. fuelmakers are expected to post higher first-quarter earnings in coming days on strong fuel exports and margins even as domestic diesel demand slumped during the period. Refiners have been riding a wave of favorable pricing and demand as pandemic-era closings boosted margins. Alternating periods of higher demand…Read More

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