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Energy | Stock Markets | Economics | Technology | Ethics & Philosophy | Other 360° topics •
Jun 4, 2022 • 7 tweets • 4 min read
Refineries have potential with current situation to outperform index by least 100%. World 've crude oil boiling above 120$ but couldn't hv enough refining capacity to convert this crude oil into useful products like jet fuel, petrol & Diesel. @AdeptMarket
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As demand picking up suddenly post COVID, global refineries couldn't able to meet demand by Airlines & other domestic demand. Result to this last week American President given order to open closed oil refineries to meet demand.