Petrochemicals can be new revenue-stream for oil refinery companies


Petrochemicals can be new revenue-stream for oil refinery companies

Investments in petrochemicals can provide some offset to the inevitable long-term loss in transportation fuel demand, said Crisil Research in its report

What are the challenges for refineries?

a) Recent volatility in crude oil prices has led to shrinking in gross refinery margins

b) Demand growth for transportation fuels could be under pressure due to regulatory pressure and technological advancements Read More

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