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Refining - 13 January 2022

EIA: crude oil prices to decline

Persistent withdrawals from global oil inventories have led to increases in crude oil prices, but the EIA forecasts that global oil markets will begin to balance through 2023, leading to a drop in prices.


LUKOIL selects Honeywell UOP technologies

LUKOIL-Permnefteorgsintez will use a range of Honeywell UOP process technologies at its refinery to convert low value vacuum gasoil into high value products such as gasoline and propylene.