Refining margins fell in May, with most regions giving up some of the increases marked in the previous month. The only region to post consecutive monthly drops was the US Midwest, according to Muse, Stancil & Co., as it continued to come off from recent highs. Despite the declines, margins in all regions remained in positive territory, according to Muse. Data from Pace Consultants also showed that refining margins decreased across all regions, with Rotterdam and the Mediterranean regions falling into the red. [Note: refining margins reported by Muse, Stancil & Co. account for feedstock, variable, and fixed costs, while those reported by Pace Consultants account for feedstock and variable costs.
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机译：5月份炼油利润下降，大多数地区放弃了上个月的部分涨幅。 Muse，Stancil＆Co.表示，唯一连续连续一个月下跌的地区是美国中西部地区，因为该地区持续从近期高位回落。据缪斯说，尽管下降了，但所有地区的利润率仍然保持在正数。 Pace Consultants的数据还显示，所有地区的炼油利润均有所下降，鹿特丹和地中海地区则出现亏损。 [注：Muse，Stancil＆Co.报告的炼油毛利占原料，可变成本和固定成本，而Pace Consultants报告的炼油毛利占原料和可变成本。
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