KLSE: #PETRONM #3042 Triple Bottom?

https://www.quora.com/How-do-oil-prices-affect-oil-refinery-profits .......Jitendra Prasad, M.Tech. Petroleum Engineering & Oil and Gas Industry, Indian Institute of Technology , Dhanbad (1991)
Answered Jun 22, 2017

Normally, profitability in upstream and downstream (Refining) sector are inverse.If crude oil prices are higher , oil companies will earn more profit and profitability of refineries will dip. Whereas opposite will happen if crude oil prices are low
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