February 20, 2025 14:57 GMT
AMERICAS OIL: Repsol CEO Says Refining Margins Driven by Strong Gasoil Demand
AMERICAS OIL
Repsol CEO Says Refining Margins Driven by Strong Demand for Gasoil and Diesel: BBG
- Gas-to-oil switching is helping to buoy oil refining margins
- High gas prices are “increasing demand for liquids” and gas-to-oil switching is taking place all around the world
- Refinery turnaround activity will be “a bit less intensive” this year versus 2024
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