European refiners hesitant to boost runs

摘要

London—European refiners have been tentative about ramping up run rates despite some of the strongest cracking margins on recent record for benchmark sweet crude grades. Norwegian sweet crudes Oseberg and Ekofisk, along with Algerian sweet Saharan Blend are providing their strongest cracking margins to European refineries on a delivered Amsterdam-Rotterdam-Antwerp basis for well over a year, according to Platts data.