Cruel summer for U.S. refiners as margins tank

07 July 2016, New York — Summer driving season is in full swing and American motorists are filling their tanks at a healthy clip, but that is not swelling the profit margins as much as usual at U.S. independent oil refiners such as PBF Energy Inc (PBF.N) and Valero Energy Corp. (VLO.N) In April, executives […] More »