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Gasoil drives Asian refinery margins back to pre-COVID levels | Hellenic Shipping News Worldwide

Asian oil refinersโ€™ margins have rallied back to their highest since before the COVID-19 pandemic struck, spurred by a doubling of gasoil profits as the global economic recovery and power shortage drive demand for the fuel, analysts and traders said. Gasoil demand has surged as power generators seek alternatives to record-high natural gas and coal ...
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