BP Refinery Outage Pressured Crude Prices

Any rebound on crude oil prices proves to be short-lived. Exacerbating the oversupply condition, BP refinery outage weighed on crude prices. BP noted that its Whiting refinery in Indiana would go offline for a month. It "shut down the largest of its three crude distillation units for unscheduled repair work".

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BP Refinery Outage Pressured Crude Prices