Goldman Sachs: Prepare For A Global Consolidation Of Refineries


Goldman Sachs: Prepare For A Global Consolidation Of
A wave of new oil refineries coming online in the Middle East and China will knock others offline, ushering in a period of consolidation, according to a new report from Goldman Sachs. Global oil …


Goldman Says Refineries to Shut on Less Demand, New …
The global refining industry is entering a consolidation phase as slowing oil demand growth is set to coincide with large-scale projects that will start coming online next year, according to …


Goldman says refineries to shut on less demand, new projects
The global refining industry is entering a consolidation phase as slowing oil demand growth is set to coincide with large-scale projects that will start coming online next year, according to …


July 2020 – aroundworld24.com
Goldman Sachs: Prepare For A Global Consolidation Of Refineries. Posted on July 2, 2020. A wave of new oil refineries coming online in the Middle East and China will knock others offline, ushering in a period of consolidation, according … Global-news.


Refineries may shut on less demand, new projects: Goldman
THE global refining industry is entering a consolidation phase as slowing oil demand growth is set to coincide with large-scale projects that will start coming online next year, according to Goldman Sachs Group Inc. Read more at The Business Times.


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Analysts Expect Refinery Closures – New World Order
Analysts Expect Refinery Closures by Bloomberg Elizabeth Low & Sharon Cho Thursday, July 02, 2020 The global refining industry is entering a co


OilPrice.com – A wave of new oil refineries coming online …
A wave of new oil refineries coming online in the Middle East and China will knock others offline, ushering in a period of consolidation, according to a new report from Goldman Sachs.


Oil Majors Are Preparing For $10 Oil – MarketWatch
Refineries, for instance, spend less on oil during the downturn, and low prices also translate into a boost in sales of refined products. But the majors do not have that cushion this time around.


Goldman Says Refineries May Shut on Less Demand and New …
Global oil demand will return to pre-virus levels by 2022, they said. Emerging markets will provide the bulk of oil consumption growth in the first half of this decade and the new mega-refineries will be located close to where the demand is, according to Goldman. This means refinery closures will be more likely in developed nations.
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