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Refining surplus will continue: Shell Malaysia

Shell Refining Company (Federation of Malaya) Bhd Chairman John Chadwick believes that the surplu...

Whilst fluctuations on crude oil and product prices during the second half of the year would have an impact on gross margin through the inventory holding effect, Chadwick is of the opinion that the industry will continue to aggressively purse cost and margin improvement initiatives.

He believes that with these strategies in play, the industry will be able to maintain a strong underlying performance overall.

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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