Capacity additions in India pose a threat to future refining margins. If the products don't go west, then they will head to the Asian market and margins will be affected.
Fereidun Fesharaki
Economic problems are half fundamentals and half confidence. For confidence to come back, you don't have to fix everything -- you just have to give the appearance of having fixed everything.
appearance confidence problems give
It may make one of the refineries shut down and leave Hawaii
leave
The global market is one big swimming pool. Tomorrow the workers go on strike in Nigeria, and we pay the price here although we don't import oil from Nigeria. The story is that global oil prices are rising and there is nothing we can do about it.
story global tomorrow market price rising swimming big oil
products future market head asian india threat west
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