


| Asian refiner profits hammered by free-fall in fuel oil margins Subscriber content August 23 Updated |
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Complex refining margins for a typical Singapore refinery, an Asian benchmark, had dropped to $4.31 a barrel by the close of markets on Thursday, down from $7.39 at the start of August and a near two-year high of $9.37 on July 11. “Refining margins have been weighed down by bearish HSFO cracks over....
Posted: 2019-08-23 14:31:00
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