Refining companies face downward margin pressure
BPCVXSLTOTALENERGIESUSOILXOMREFINING COMPANIES
Statements (2)
- Bearish
U.S. oil producers and global fuel suppliers are likely to face upward pressure on margins and prices due to the anticipated slowdown in refining capacity and increased fuel costs.
- Bearish
Refining companies are likely to face downward pressure on margins due to tight refining capacity and elevated gas prices despite crude price stabilization.