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China will take the lead in world oil refining in 2021

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In 2021, the United States may give China the lead in the world oil refining market.

Axar.az reports this information was spread by Bloomberg with reference to the forecast of the International Energy Agency.

Oil refineries in the United States are reportedly closing. In contrast, four new oil refineries are being built in China. The total capacity of these enterprises is 1.2 million barrels per day.

Date
2020.11.23 / 11:58
Author
Tural Azimzadeh
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