Asia oil refiners rake in record profits on tight global supplies

April 29, 2022 8:40 AM

SINGAPORE (REUTERS) – Asian oil refiners are reaping their highest profits ever this week, spurred by higher fuel demand during peak holiday seasons as more economies recover from the Covid-19 pandemic while the region ramps up exports to Europe to replace a Russia shortfall.

Source : https://www.straitstimes.com/business/companies-markets/asia-oil-refiners-rake-in-record-profits-on-tight-global-supplies