Refnery outages fail to support margins

摘要

1.Refnery outages failed to counteract an uptick in crude values and tepid prod- ucts demand, with margins narrowing across the board. 2.Eurobob oxy gasoline premiums to North Sea Dated fell by $1.57/bl to $6.14/ bl. High inventories on both sides of the Atlantic applied downward pressure, but refnery run cuts in Europe and a slowdown in Chinese output amid the coronavi- rus outbreak tempered the decline (see graph).