Covid-19 Will Hasten The Demise of Many Oil Refineries
The Esso Fawley Oil Refinery, operated by Exxon Mobil Corp., stands in Fawley, U.K. (Photographer: Luke MacGregor/Bloomberg)

Covid-19 Will Hasten The Demise of Many Oil Refineries

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(Bloomberg) -- Who needs a loss-making, inflexible oil refinery in a world where demand for petroleum has been obliterated? We’re about to find out.