Industry Metrics: US gasoline crack spread tumbles amid higher inventories

A sharp drop in the gasoline crack spread following the end of the US driving season and increasing inventories caused refinery margins to fall. Asian margins have been strengthened by the onset of the refinery maintenance season and the downward correction seen in Dubai crude prices. European refinery margins fell due to increasing inflows to the region amid a lack of export opportunities. HP

 

   

 
 

 

 

The Author

Comments