Fitch Ratings says in a special report that the global oil refining industry faces significant challenges in the near- to medium-term due to a sharp deterioration in the global supply/ demand balance for refined products.
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Global oil refining faces significant challenges:
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Refineries may underestimate emissions
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International Monetary Fund issues dire warning on the health of the world's financial markets
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Gulf banks bracing for serious trouble with unfolding crisis
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World facing period of high oil prices
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Global oil prices are expected to rise:
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Global banking system is fraught with uncertainties:
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Oil falls in Asia amid concerns over sustainability of recent gains
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Global asset recovery starting to look like a bubble --
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Global economic turmoil continues to impact on vehicle sales
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Oil prices slowing world growth:
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Oil refining capacity set to nearly treble
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Oil falls on worries about demand
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Oil not reflecting fundamentals:
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Investec says trading conditions have weakened
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Global economy still fraught with uncertainty:
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Global consumer confidence stabilizing