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Refinery profits for transport fuels at 16-year low

Preliminary statistics released today by the Joint Organisation of Data Initiatives cover the period just before any so-called second wave relating to the coronavirus backdrop

Much-anticipated fresh lockdowns on key global economies will further depress the market for global diesel and gasoil exports. Shipments of jet fuel, which are also already in the doldrums, will also suffer from widespread disincentives to travel 

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