Calmer waters, but risk of a coming storm
Last year proved the power of global markets. Alan Gelder, Wood Mackenzie, UK, presents the company’s refining, petrochemicals and oil market outlook for the new year ahead.
Refining - 16 January 2024
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Dangote refinery starts production
The Dangote petroleum refinery has commenced production of diesel and aviation fuel.
Oil demand to continue to set records in 2024
Global oil demand is due to rise by almost 2 million bpd in 2024, according to a report by Wood Mackenzie.