Credit Suisse says US refinery margins rise in three of five regions
10/6/2016 8:21:53 AM
Photo courtesy of Reuters.
(Reuters) Refining margins rose in three of the five US regional petroleum districts in the week ended September 30, Credit Suisse said in a weekly report dated October 5.
Margins in the West Coast (Alaska North Slope) region rose the most, jumping $2.29 to $23.74/bbl, followed by the Gulf Coast (Light Louisiana Sweet) region, with an increase of $1.11 to $13.00/bbl.
Margins in the East Coast (Brent) region rose $0.41 to $11.33/bbl.
The Rockies (West Texas Intermediate) region margins were down $1.22 at $23.61/bbl, while the Midwest (West Texas Intermediate) region margins fell $0.02 to $15.70/bbl.
Reporting by Harshith Aranya in Bengaluru; Editing by Alan Crosby
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