We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Dark and sticky

11 September 2014 By Fiona Maharg-Bravo, Christopher Swann

New plants in China and the Middle East will flood the world fuel markets, lifting output at the fastest rate since 1999. U.S. firms like Phillips 66, with access to cheap crude, can weather the storm. Rivals across the Atlantic, where margins are low, won’t be so lucky. 

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)