A mixed bag for refined products
Refined products have had a strong year due to recovering demand and falling inventories. We expect that refinery margins will trend higher over 2022 as…
Refinery margins strengthen
Refinery margins have seen significant strength in recent weeks, with support coming from middle distillate cracks. Surging natural gas prices have been…
Refinery margin weakness
The refined products market has remained weak, and this is no surprise given the impact on fuel consumption from Covid-19 restrictions. While consumption…