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(Adds analyst comment in paragraph 3, 4) By Mohi Narayan NEW DELHI, Oct 16 (Reuters) — Asian gasoline margins nearly halved on Friday from a record high hit at the beginning of the month, as Chinese refiners resumed fuel exports, easing immediate supply concerns, traders and analysts said. The refining profit, or crack
Asian gasoline refining margins nearly halved on Friday from a record high at the beginning of the month as Chinese refiners resumed fuel exports, easing supply concerns. The crack fell to about $24 per barrel.
By Mohi Narayan NEW DELHI, Oct 16 (Reuters) — Asian gasoline margins nearly halved on Friday from a record high hit at the beginning of the month, as Chinese refiners resumed fuel exports, easing supply concerns, traders and analysts said. The refining profit, or crack, for gasoline plummeted to about $24 per barrel ov