With Peak in View, Moody’s Calls Refining Sector ‘Stable’

摘要

The refining and marketing (R&M) sector has reached apeak in its business cycle, with limited prospects for improv-ing from current levels over the next 12-18 months as capac-ity overtakes demand, analysts at Moody’s Investors Servicewrote in a new report that rates the sector outlook as “stable.”