Oil prices: OPEC urged to focus on boosting refining not more cuts

Oil prices: OPEC urged to focus on boosting refining not more cuts

Against the backdrop of OPEC meeting last week to explore further cuts to members’ production, analysts have urged the oil cartel to focus on boosting refining demand and margins around the world as they hold more promise for oil rally rather than cuts. After OPEC’s meeting in Vienna, last Friday to review an oil supply…

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