Oil refineries production plunged by 8 percent

Production of oil refineries has plunged by 8 percent during the first five months as compared to last years same period. According to data, from July to November, downfall in production of refineries has been witnessed. Margins of the sector have fallen to 26 percent during one month. Oil refineries are being used only 61 percent of their overall production. According to experts, margins of the sector may increase due to shortfall in world oil prices.