Why Is There a Decrease of Worldwide Oil-refining?

Why Is There a Decrease of Worldwide Oil-refining?

Drivers around the world are feeling pain as fuel prices greatly increase. Costs for heating buildings, power generation, and industrial production are also rising sharply. Prices were already up before Russia invaded Ukraine on February 24. But since the middle of March, fuel costs have greatly increased while crude prices are only moderately high. A …

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