European refining margins are likely to remain weak for at least the next one to two years-fitchrati
Friday, July 11, 2014
Posted by: Alisa Allen
European refining margins are likely to remain weak for at least the next one to two years due to overcapacity, demand and supply imbalances, and competition from overseas, Fitch Ratings says. We do not expect this to result in downgrades for major oil and gas companies - with the possible exception of Eni (A+/Negative) if restructuring efforts are not successful.
http://www.balkans.com/open-news.php?uniquenumber=195216
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