Global Refining Webinar: Inventories Clearing, Margins Increasing

SUGAR LAND--May 13, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Global refiners throughout the world faced a tough time in the wake of the COVID-19 pandemic as lockdowns, stay-at-home orders and a lack of travel reduced the demand for refined products. However, things seem to be looking up--demand is returning and high inventories are diminishing. In Wednesday's webinar on spending in the global Petroleum Industry, Chris Paschall, Industrial Info's vice president of research for the Refining Industry, and Shaheen Chohan, vice president of Global Analytics, discussed the current trends seen in the industry and what to expect in the near future.