Asia Gasoline Margins Fall to Near Two-Month Low
Octane-92 gasoline refining margins fell to slightly below $23 a barrel, their lowest since August 26. Naphtha cracks were little changed.
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Octane-92 gasoline refining margins fell to slightly below $23 a barrel, their lowest since August 26. Naphtha cracks were little changed.
SINGAPORE, Oct 15 (Reuters) — Spot premiums for Middle East crude benchmarks Oman, Dubai and Murban fell further to over two-month lows, as record freight rates weighed down buying appetite from Asia. Buyers were also wary of increased shipping risks after more attacks in the Middle East were reported recently. The dec
SINGAPORE, Oct 14 (Reuters) — Asia's diesel cash premiums slipped to three-month lows, with the backwardation in prompt timespread values narrowing further, though spot window trading activity remained tepid. Some buying interest surfaced from a key regional importer for November shipments, while deals were done in nor
Wall Street analysts expect Valero Energy, Marathon Petroleum and Phillips 66 to report sharply higher refining earnings, helped by wide crack spreads and supply disruptions abroad.
Wall Street analysts expect Valero, Marathon Petroleum and Phillips 66 to report much stronger refining earnings in the third quarter as margins widen on tight global fuel supplies. The story says U.S. diesel prices remain near record levels and refinery capacity is constrained by outages and disruptions abroad.
Eni (NYSE: E ) released second-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. This content is powered APIs. For comprehensive financial data and transcripts, visit The full earnings call is available at Summary Eni reported strong Q2 financial performance with 5.