Asia Distillates-Gasoil cracks jump to 2-week high, cash premiums rise

Energy
Friday, 25 Mar 2022
6:55 AM MYT

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SINGAPORE: Asian refining margins for 10 ppm gasoil rose to a two-week high on Thursday, while cash premiums for the industrial fuel grade climbed as the April/May time spread widened its backwardated structure.

Refining margins, or cracks, for 10 ppm gasoil rose to $34.49 a barrel over Dubai crude during Asian trading hours, the strongest since March 10. The cracks were at $32.11 per barrel a day earlier.

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Tags / Keywords: Asian , distilates , biodiesel , Indonesia , Malaysia ,

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CIMB	7.230	7.330	6.920	7.000	-0.260	-3.58	702,762
HSI-CWCM	0.265	0.270	0.210	0.235	-0.015	-6.00	695,856
HSI-PWDN	0.050	0.055	0.045	0.055	0.000	0.00	612,827
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HSI-CWED	0.160	0.165	0.135	0.145	-0.010	-6.45	368,862
HSI-CWCA	0.175	0.190	0.115	0.145	-0.040	-21.62	357,070
HSI-PWD6	0.165	0.195	0.165	0.185	0.015	8.82	347,590
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Asia Distillates-Gasoil cracks jump to 2-week high, cash premiums rise