September 12, 2024 17:07 GMT
OIL PRODUCTS: ENI to Cut Refinery Crude Processing
OIL PRODUCTS
Italy’s ENI is to cut crude processing at its refineries amid a plunge in refinery cracks, highlighting a weak market, Bloomberg said.
- The plants will reduce run rates by up to 10% in some locations.
- “We are implementing measures to mitigate the reduction of refining margins, but we do not comment on rumours regarding details,” an Eni spokesman told Blooberg.
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