Parkland lowers full-year earnings forecast as global refinery market weakness weighs

📆 28/04/46 04:44 م
📰 globebusiness

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المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Parkland is experiencing similar challenges to refiners worldwide, as the industry deals with a glut of fuel supply and weak global economic conditions that have reduced demand

lowered its full-year earnings forecast Thursday, as sluggish market conditions continue to take a bite out of margins at the company’s Burnaby, B.C. refinery.

Some U.S. refiners have announced plans to temporarily curb their output as a result of the weak market conditions.

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Five things to watch for in the Canadian business world in the coming weekFive things to watch for in the Canadian business world in the coming week: Bank of Canada, GDP figures, and results for Enbridge, Parkland, and Imperial Oil.
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