REfINERY MARGIN TRACKER: Singapore margins tick higher as regional demand rises

摘要

New York-Asian refining margins rose last week on higher Chinese and Indian demand, even as regional refineries came back online after planned work adding to the region’s product supply, an analysis from S&P Global Platts showed Wednesday. The Singapore Forties cracking margin rose to 92 cents/b for the week ended August 30, up from 73 cents/b the week earlier, despite expectations for a 1.2 million b/d month-on-month increase in Asian refinery runs in September, according to S&P Global Platts Analytics.