Asian refining margins hit three-month low on higher Brent and Dubai crude

摘要

On April 20, average refinery profits in Singapore, which act as an Asian benchmark, fell to $5.69/bbl, down 50% from the highs seen last year. According to Nevyn Nah, Oil Products Analyst at Energy Aspects in Singapore, "Margins are getting smashed. This could potentially hurt crude-buying [appetites] this summer."