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OMV's new chief executive says low fuel stocks will keep global refining markets tight

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The National
“OMV's new chief executive says low fuel stocks will keep global refining markets tight”

Low oil and fuel stocks will prolong the impact of supply disruptions on global refining markets, OMV chief executive Emma Delaney has said, as the Austrian energy company benefits from elevated margins following months of turmoil in the Middle East. Speaking to The National in an exclusive interview on the sidelines of Adipec in Abu Dhabi, the former BP executive said refining margins were “at very elevated levels this year”, particularly in the third quarter. “Stocks are at quite a low level;…

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