How Crude Oil Price Swings Dictate the Fate of Petrochemical Refineries
The price of Brent or WTI crude oil isn’t just a number on a financial news ticker; it’s the dominant heartbeat of the global energy and chemicals industry. For petrochemical refineries, which sit at the crucial junction between raw crude and valuable finished products, these constant price fluctuations create a complex, high-stakes environment where margins can expand or evaporate...
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