Crude tankers could benefit from South America’s refinery challenges

Oil production is poised to grow faster than continent’s ability to refine it, meaning barrels will be exported

Argentine President Javier Milei (centre) operates equipment of state-owned oil company YPF during a visit to the Vaca Muerta oilfield.
Argentine President Javier Milei (centre) operates equipment of state-owned oil company YPF during a visit to the Vaca Muerta oilfield.Photo: Scanpix
Published 10 September 2024, 16:54Updated 11 September 2024, 12:31
Gibson ShipbrokersArgentinaBrazil