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Europe’s Fuel Squeeze Is Turning Into a Q3 Windfall for Equinor
Summary by Oil Price
2 Articles
2 Articles
Europe’s Fuel Squeeze Is Turning Into a Q3 Windfall for Equinor
Equinor expects its marketing, midstream, and processing (MMP) division to have earned more than the company’s guidance of $400 million for the third quarter, thanks to very strong refining margins and high proceeds from oil and LNG trading. The Norwegian major and other energy companies continue to benefit from the high and volatile oil and LNG prices and the global fuel crunch, which has sent refining margins to record highs. The third-quar…
·New York, United States
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Coverage Details
Total News Sources2
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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