Episode 39: Refinery Rationalization: The worst is yet to come for OECD Refiners

Following the pandemic, global petroleum product demand will fully recover in 2023. In addition to the demand recovery, it will take a wave of refinery rationalization for refining margins to recover. ESAI Energy expert Andrew Reed joins us and summarizes key developments in non-OECD refining, highlighting the drivers of refining investment and the growth of refining activity, and identifies the resulting market developments that ultimately will put more refineries out of business. Subscribe to Energy Analyst Talk so you never miss a new episode, and visit our website to learn how ESAI Energy can help you solve your fuel, energy, and oil needs. www.esaienergy.com Logo Opener by Free Music | https://soundcloud.com/fm_freemusic Music promoted by https://www.free-stock-music.com Creative Commons Attribution 3.0 Unported License https://creativecommons.org/licenses/by/3.0/deed.en_US