How do you see the outlook for the refining sector in the next year?
Gunvor CEO: OPEC Managed to Put a Floor on Oil Market
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Business, Architecture
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University
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The video discusses the oil market outlook for 2017, highlighting OPEC's intervention as a game changer. It explores the potential impact on oil prices, with expectations of prices ranging from $50 to $60. The refining sector is analyzed, noting its cyclical nature and current strong margins, though a slight weakening is anticipated. Overall, the market is expected to stabilize, with no return to the low margins seen five years ago.
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OPEN ENDED QUESTION
3 mins • 1 pt
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OPEN ENDED QUESTION
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What factors do you believe will influence refining margins in the near future?
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