US refiners take advantage of Bakken margins

摘要

New York-US refiners are raking in hefty margins running Bakken crude, as tight takeaway capacity combined with low Midwest demand keeps the North Dakota barrels at a wide discount to US benchmark West Texas Intermediate, an analysis from S&P Global Platts showed. On the US Gulf Coast, Bakken netback cracking margins averaged $20.47/b for the week ended November 2, up from the $15.86/b the week earlier, Platts margin data showed last week.