Refining margins, also known as cracks, for 10 ppm gasoil fell to $8 per barrel over Dubai crude during Asian trading hours, the lowest since June 30.(File pic shows oil refinery in Melboourne - Reuters)
SINGAPORE: Asian refining margins for 10 ppm gasoil dropped on Monday, plunging to their weakest level in more than three weeks, as ongoing lockdowns in the region continue to weigh on industrial and transportation demand.
Refining margins, also known as cracks, for 10 ppm gasoil fell to $8 per barrel over Dubai crude during Asian trading hours, the lowest since June 30.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
