Refiners Face Challenges Beyond Virus

摘要

Refiners in the US and Canada will begin reporting second-quarter earnings the last week of July, and multiple factors paint a picture of a gradually recovering but still deeply challenged environment for downstream players. Energy Intelligence has identified several key issues that may have weighed on profits during the second quarter and some of the myriad potholes that compromise the road ahead. Many are related to the impacts of the Covid-19 pandemic, which continues to plague the US and many of the country's premier export markets.