Sunday, May 15, 2016

RPT-Refiners struggle to stay afloat as Asia drowns in gasoline

SINGAPORE, May 13 (Reuters) - Asia's refined product markets

are being swamped by a wave of gasoline as a long-lasting crude

oil glut spills into the one fuel market refiners had hoped

would save them, ruining margins and dragging down share prices

across the region.

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