Page 4 - Crack Spread News Today

Asian refiners are shipping growing volumes of gasoline to the United States as demand soars

Crude oil supply has rebounded, but Americans aren't feeling it at the pump. That's because refiners are charging record prices to turn oil into gas.

02.05.2022 - Declared a first quarter 2022 cash dividend of 40 cents per shareWill receive $9 million from CVR Partners’ declared first quarter 2022 cash distribution of $2.26 per common unitCompleted Wynnewood refinery turnaround on time and on ...

High margins have been launching U.S. refiners into a “golden age”, and Marathon is no exception, with a refining unit profit margin increase of over $5 per barrel year-over-year

Chevron Corporation is an integrated oil & gas company that operates across the entire industry supply chain. See why CVX is the best play for the energy crunch.

Reported full-year 2021 net income of $25 million and EBITDA of $462 million, despite $435 million in RINs expense due to the broken Renewable Fuel Standard program that we are working... | February 22, 2022

Refining margins, the Nymex gasoline crack spread, traded above $16 per barrel on Thursday—the highest its been since 2017

3 hours California Requires Most Uber And Lyft Trips To Be Electric By 2030 5 hours China Bans Teslas At Government Compounds 6 hours Tanzania, Uganda Finalize Oil Pipeline Deal 6 hours Six-Year High Margins Prompt U.S. Refiners To Boost Gasoline Production 22 hours UAE: Oil Demand Has Already Increased To 95 Million Bpd 24 hours Oil Demand Is Rebounding Fast In Europe 1 day Saudi Ara...

A rebound in global oil prices has put local refiners Hengyuan Refining Co Bhd and Petron Malaysia Refining and Marketing Bhd back on the radar of investors as evident in their more than 100% jump in share price in just over a month or so. Last Friday, Brent oil hit the US$50/barrel mark for the first time since early March, and could inch further north as global economies recover from the Covid-19 pandemic. As it has been about three years since Hengyuan and Petron reached a peak in their shar...

Things called the crack spreads and profits they make, oil they turn into gasoline. if you look at the crack spread the refiners have been losing money and margins going. >> whoa, whoa, ston right now, stop right now. >> the crack spread as you so accurately point out refiner margin is the highest its ever been. >> 26 a barrel. ive been doing this 23 years, never been higher ever. >> noft only that, if you look at gasoline prices when you buy the oil at $110, its going to take it up to 6, to 8 w...