Searching Refining Margins on Google News gives results as follows:
Total says refining margins down by 64% from USD 40.2 a metric ton to USD 12.4 a metric ton
Chevron warns of sharply lower refining margins
Shell is shutting Singapore refinery and an analyst says it is good time to shut down since refining margins are depressed
Global refining margins were USD 4.98 in Q2 compared to USD 8.25 a year earlier and are at USD 2.17 in July
Refining margins slump says Conoco Phillips, the third largest oil company in the US
US refining margins slip in most regions
Refining returns below Cost of Capital
Deloitte sees trouble for refining industry
And Reliance Industries is up by 3.5% today. This is called liquidity driven buying.
Thursday, July 16, 2009
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