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Crude problem requires refined solution

HIGH oil prices are not caused by overall supply constraints but rather by tight refining capacity, in particular the capacity to refine heavier crudes, according to Deloitte global managing partner (oil and gas) Peter Newman.

Crude problem requires refined solution

The world currently has ample supplies of oil but much of this is heavy (high viscosity) and sour (high sulphur) crude that is expensive to refine, especially for gasoline rather than diesel, Newman told...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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