The forecast is driven primarily by an increase in refining margins, with the crack spread - the difference between the price of crude oil and the selling prices of refined products - projected to reach $33 per barrel, up 160...
Bringing the new storage tank into operation enables BSR to boost its crude oil storage capacity, strengthen its resilience against energy market volatility and help ensure a stable domestic supply of petroleum products.
Dung Quất Refinery, run by BSR, is currently operating at optimal capacity to produce petroleum products, including RON95 petrol blended with fuel ethanol to E10RON95 products for customers.
