Refining Margins fall as bearish China data weighs

Capt. John

Asia’s refining profit margins for naphtha and gasoline declined on Tuesday after tepid economic data from China stoked worries about post-COVID recovery in world’s no. 2 economy. The naphtha crack lingered near January lows at $15.75 a tonne over Brent crude, and the backwardation in the markets...

https://www.hellenicshippingnews.com/refining-margins-fall-as-bearish-china-data-weighs/

Leave a Comment