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8.1
Crack spreads surge as oil hits $100, refining constraints bite
Valor Econômico·3 days ago
Ecuador's state oil company is exploring exchange agreements to process part of its crude in Peruvian refineries, citing plant capacity and suitability for Ecuadorian crude. This marks a potential shift in refining strategy, though details remain preliminary. The move could ease Ecuador's refining bottlenecks and deepen regional energy integration.