11-22-2020, 12:48 PM
India announces to double oil refining capacity in next 5 years which is a much more aggressive than previous plan. Chinese set to eclipse america and become #1 oil refiner in world.
2 largest pop nations still investing in oil capacity. Oil is here to stay. Only question still remain if post-covid companies can ramp up production with increased demand and again start pushing oil prices down sooner than expected.
2 largest pop nations still investing in oil capacity. Oil is here to stay. Only question still remain if post-covid companies can ramp up production with increased demand and again start pushing oil prices down sooner than expected.