Shell (SHEL LN) shuts down 200k bpd crude unit at its Dutch Pernis refinery, Reuters reports citing Genscape
Context
Shell's decision to shut down a 200k bpd crude unit at its Dutch Pernis refinery is significant, as it indicates a potential reduction in supply that could tighten the oil market. This news may lead to upward pressure on both WTI and Brent prices if the closure persists, reinforcing concerns around supply stability in an already volatile environment.
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