Jubail refinery may change gasoline market

摘要

Singapore—Oil traders are watching closely as Saudi Arabia starts operating a new 400,000 b/d refinery on its Persian Gulf coast, the first of three Middle East refineries due for commissioning by 2015 which could transform gasoline markets east and west of Suez. The Middle East gasoline market could see a surge in liquidity by 2015 that could result in lower pump prices in some parts of the world, traders said.