Refinery margins rose in August as a result of strong gasoline prices in all main refinery centers, says an analysis from KBC PEL Market Services. In particular, the US supply disruptio..
Refinery margins rose in August as a result of
strong gasoline prices in all main refinery centers, says an
analysis from KBC PEL Market Services. In particular, the US
supply disruptions against a backdrop of tight inventories
produced a late seasonal surge in prices ahead of the Labor
Day holiday weekend (Fig. 1).
Fig. 1
International
refining margins (basis cargo
market prices) from January
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