Saudis Expand Price War Downstream
Green Car Congress
JULY 28, 2015
Jizan will come on top of Saudi Arabia’s two other 400,000 bpd refineries at Yasref and Yanbu, and will turn the country into a major global player in the downstream sector, expanding its campaign for market share beyond just crude oil. Is Saudi Arabia likely to win a potential price war against Asian producers of diesel?
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