Saudis Expand Price War Downstream
Green Car Congress
JULY 28, 2015
Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy. The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil. In case of Saudi Arabia, the price of crude oil would be extremely low. By offering almost 2.8
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