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S-oil

Aramco-backed S-Oil expects Q2 refining margins to remain steady then trend upward

South Korea’s S-Oil forecast on Friday that second-quarter refining margins will be steady, supported by regular maintenance in the region, then trend upward in tandem with higher demand as the summer season gets underway, according to…
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Business

Aramco-backed S-Oil says refining margins forecast to stay above average in 2024

South Korea’s S-Oil, whose main shareholder is Saudi Aramco, forecast on Friday that 2024 refining margins will maintain at an above-average level helped by steady demand growth and low inventories, accord to Reuters. Over the…
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