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Market Movement Click here to enlarge imageGlobal refining sector in recoveryThe global refining sector has staged a remarkable recovery this year after touching bottom a year ago.And all signs are that a sustained recovery is in the offing for long-beleaguered refiners.From an operations standpoint there are still some specters looming on the regulatory front, but those very hazards could, in fact, later tighten markets and thus bolster margins for the survivorsWhile Europe and Asia have lagged the US, refining sectors there are beginning to evince signs of a turnaround as well. It helps them that the US refining market remains strong, because the US is a net importer of refined product...

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