IGE 0.00% 13.0¢ integrated green energy solutions ltd

It would be great if they were producing right now: only diesel...

  1. 39 Posts.
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    It would be great if they were producing right now: only diesel is in demand a bit, jet fuel and gas/petrol experience a glut, but refining oil makes diesel, but also even more jet fuel and gas/petrol.

    So to be able to only produce diesel would be a premium feature, and that ability now could put you on the table everywhere. It could help ramp up production, as it would put less of a strain on storage (provided less oil is produced)


    https://www.bloombergquint.com/markets/diesel-the-last-bright-spot-in-oil-refining-is-starting-to-dim

    The world over, one mainstream fuel -- diesel -- has managed to remain a decent profit center for the oil refining industry at large as the novel coronavirus ravages economies and their wider demand for petroleum products. Diesel has risen in value relative to crude in recent weeks due to a combination of continued industrial usage and purchasing of a near-identical fuel for stockpiling as a heat
    at: https://www.bloombergquint.com/markets/diesel-the-last-bright-spot-in-oil-refining-is-starting-to-dimCopyright © BloombergQuint
 
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