Gasoline crack hits record high amid China export halt, refinery outages
Asia's gasoline margin surged to a record $50.53 a barrel over Brent crude on Thursday. This jump was attributed to reports of Chinese refiners halting oil product exports for October and outages at several regional refineries.
Asia’s gasoline margin rose to a record high on Thursday after reports that Chinese refiners halted oil product exports for October and as outages hit several regional refineries, traders said. 53 a barrel over Brent crude, from about $38 a day earlier. A gasoline trader said…