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.
Refining - 13 January 2022
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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.