US Downstream Market Outlook
US Downstream Market Outlook
US Downstream Market Outlook
SHOW LESS
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Short-term term outlook for refining profitability is<br />
positive in all major regions . . .<br />
• <strong>US</strong>: Tight capacity will keep markets<br />
strong, particularly for high-conversion<br />
refiners<br />
• Europe: Strong <strong>US</strong> gasoline prices will<br />
help maintain margins as European<br />
gasoline demand shrinks<br />
• Asia: Capacity overhang finally wearing<br />
off, need for conversion capacity will grow<br />
10
Change language