OPEC+ hits the refinery wall: John Kemp – ZAWYA

  • Date: 18-Jul-2020
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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OPEC+ hits the refinery wall: John Kemp – ZAWYA

opec+ hits the refinery wall: john kemp opec+ is anxious to see higher crude prices as soon as possible    a 3d printed oil pump jack is seen in front of displayed stock graph and opec logo in this illustration picture, april 14, 2020. (john kemp is a reuters market analyst. the views expressed are his own)london  - fuel traders and refiners are becoming more pessimistic about the outlook for the global economy and transportation for the rest of this year, even as the crude producers in opec+ try to push oil prices higher.opec+ is anxious to see higher crude prices as soon as possible but its ambition is likely to be thwarted in the short term by the renewed softness in fuel consumption.london  - fuel traders and refiners are becoming more pessimistic about the outlook for the global economy and transportation for the rest of this year, even as the crude producers in opec+ try to push oil prices higher.(john kemp is a reuters market analyst. the views expressed are his own)opec+ is anxious to see higher crude prices as soon as possible but its ambition is likely to be thwarted in the short term by the renewed softness