See every side of every news story
Get Started
SubscribeLogin
Israel-Hamas Conflict
Tariffs
Natural Disasters
Donald Trump
Trade War
Baseball
Social Media
Stock Markets
Democratic Party
US Politics
Republican Party
Education
US Economy
Published • loading... • Updated

One in Five Refineries Faces Shutdown Despite Rising Fuel Demand

Summary by Oil Price
Refineries are switching to biofuels or shutting down due to hostile regulations—but demand for oil products is growing. This could result in either a market imbalance that will make these products more expensive or a geographical imbalance, which those who care about supply security wouldn’t like. A total of 101 out of 410 refineries around the world are at risk of getting shut down over the next decade, Wood Mackenzie analysts estimated recent…

2 Articles

All
Left
Center
Right
1
Oil PriceOil Price
Lean Right

One in Five Refineries Faces Shutdown Despite Rising Fuel Demand

Refineries are switching to biofuels or shutting down due to hostile regulations—but demand for oil products is growing. This could result in either a market imbalance that will make these products more expensive or a geographical imbalance, which those who care about supply security wouldn’t like. A total of 101 out of 410 refineries around the world are at risk of getting shut down over the next decade, Wood Mackenzie analysts estimated recent…

·London, United Kingdom
Read Full Article
investorideas.cominvestorideas.com

Crude Oil Faces U.S. Tariffs And Supply Risks

April 2, 2025 (Investorideas.com Newswire) Investorideas.com, rated as a top 100 investment website for investment issues market commentary from Li Xing Financial Markets Strategist Consultant to Exness.

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Right
100% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

investorideas.com broke the news in on Wednesday, April 2, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

Oil and Gas Sector

Oil and Gas Sector

Shutdown

Shutdown

United States

United States

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.

News
For You
SearchBlindspotLocal