Global Crude Refining Has No Margin for Error, Says Rapidan’s McNally

Bob McNally, founder and president at Rapidan Energy Group, examines pressure on the global crude refining system from increased Ukrainian attacks on Russia refiners and US facilities running at near maximum capacity following the closure of the Strait of Hormuz.… Bob McNally, founder and president at Rapidan Energy Group, examines pressure on the global crude refining system from increased Ukrainian attacks on Russia refiners and US facilities running at near maximum capacity following the closure of the Strait of Hormuz. (Source: Bloomberg)