What are the key steps in refining oil. The refinery industry generally deploys capital to increase yield. Provide some examples of the types of investments it makes to increase yield and explain
1. Fast Forward to May 2024. The price of oil has crashed again to $35 per barrel. The price of natural gas has also crashed to around $2.50 per mmbtu. We have studied four industry segments – oilfield service, exploration and production, midstream, and refining. How will each of these segments be impacted operationally and […]