🇱🇺 Daniël Bos 🇨🇳"Just because shale production is skyrocketing does not mean that refiners want the oil. Franco Magnani, the head of trading at Eni, told the FT that the company won’t rush out and by shale oil because its refineries were not made for that type of oil."
Interesting, apparently you can't make diesel or jetfuel out of the light crude coming from shale, and the majority of refineries can't even process it.
/cc @adam
https://oilprice.com/Energy/Energy-General/US-Shales-Dirty-Secret.html
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