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Thursday, 1 November 2018

Black gold, white knuckles: Oil refiners face rollercoaster ride as fuel margins seesaw

Black gold, white knuckles: Oil refiners face rollercoaster ride as fuel margins seesaw
01 November 2018, News Wires — Oil product margins have been tossed around on a wild rollercoaster ride in October, as factors like impending Iran sanctions, the Sino-American trade war and upcoming new shipping regulations yank fuel profits up, down and back again. Some profit margins, known as crack spreads in the industry, including for Asian … More »

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