LONDON—As Tropical Storm Harvey continues to run roughshod over U.S. refineries, threatening fuel shortages across America, gasoline producers in Europe are sizing up a potential windfall. The flooding in Texas has hurt local refineries’ capacity to convert oil into petroleum products while also disrupting a major pipeline that moves gasoline, diesel and jet fuel to the northeast. Roughly 20% of U.S. refinery capacity is now...
Source: Wall Street Journal August 31, 2017 10:52 UTC