Aside from supply tightness resulting from the war in Ukraine and the ensuing US and EU ban on Russian oil, refining capacity is another reason for brent crude prices above USD110. We explore why refiners are not expanding their capacity and what does sustainability mean for valuations with Horace Chan, Senior Analyst, Bloomberg Intelligence.



Image Credit: Shutterstock

Aside from supply tightness resulting from the war in Ukraine and the ensuing US and EU ban on Russian oil, refining capacity is another reason for brent crude prices above USD110. We explore why refiners are not expanding their capacity and what does sustainability mean for valuations with Horace Chan, Senior Analyst, Bloomberg Intelligence.Image Credit: Shutterstock

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Advertisement