Oil’s Three-Speed Recovery Has Turned the Industry Upside Down
Oil pumping jacks, also known as "nodding donkeys", operate in an oilfield near Almetyevsk, Russia. (Photographer: Andrey Rudakov/Bloomberg)

Oil’s Three-Speed Recovery Has Turned the Industry Upside Down

(Bloomberg) -- The global network of tankers, pipelines and refineries that makes useful fuels out of crude oil is built on long-standing patterns of consumption: so much gasoline for the world’s d...
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