Heavy oil shortage spells higher cost for shippers, road builders
Oil
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Article by:
Robert Harvey, Arathy Somasekhar - Reuters
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Date Published:
May 03, 2024
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Who was cited:
Francisco Goncalves, Senior Analyst, Energy Economist - FGE London
Refiners can balance a lighter crude diet by feeding residual fuels into secondary units. U.S. Gulf refiners could process up to 50,000 bpd extra of Mexican fuel oil to substitute heavy crude, according to FGE analyst Francisco Goncalves.
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