Asia’s Refining Margins Soar to 4-Year High as Hormuz Chokes Crude Supply ...Middle East

OILPRICE - Economy
Asia’s Refining Margins Soar to 4-Year High as Hormuz Chokes Crude Supply
source : OILPRICE ( Middle East ) () 56
Disrupted crude flows from the Middle East to Asia due to the de facto closure of the Strait of Hormuz has pushed Asian refining margins to the highest in four years.   The Singapore complex refining margins, a proxy for refining profits across Asia, surged to almost $30 per barrel on Wednesday, according to LSEG data cited by Reuters. That’s the highest the benchmark Asian margin has been since 2022 as refiners are cutting processing rates and halting fuel exports to cope with the delays in crude deliveries.  Asian refiners,…

Hence then, the article about asia s refining margins soar to 4 year high as hormuz chokes crude supply was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Asia’s Refining Margins Soar to 4-Year High as Hormuz Chokes Crude Supply )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

En WMF se celebra una nueva edición de la Cumbre Global de IA

before 38 minute

Kenya: DCI Arrests Top Energy Officials Over Fuel Supply Probe

before 2 hours & 29 minute

Vietnam& 039;s economy slows in first quarter

before 2 hours & 59 minute

Americans are feeling the Iran war’s economic pain with hints of worse ahead

before 3 hours & 28 minute

State pension age rise to 67 starts – here’s when you can retire

before 3 hours & 56 minute

Extreme saving hacks that are clever, unorthodox — and maybe a bit unethical

before 4 hours & minute

‘I Got Back Every Penny’: Inside Trump’s Supercharged Tax Season

before 4 hours & 29 minute

Africa: Africa Faces Fuel, Food Price Shock As Hormuz Disruption Deepens

before 7 hours & 9 minute

How the Iran War Became NATO’s Biggest Crisis

before 15 hour & 35 minute

Lucid Announces Q1 Production & Deliveries, Sets Date for First Quarter 2026 Results

before 16 hour & 7 minute

Meta Pauses Work With Mercor After Data Breach Puts AI Industry Secrets at Risk

before 16 hour & 9 minute

OpenAI's Fidji Simo Is Taking Medical Leave Amid an Executive Shake-Up

before 17 hour & 48 minute

In HelloNation, Kiawah Island Short-Term Rental Policy Explained by Real Estate Agent Andy Herring

before 18 hour & 32 minute

WAIC öffnet die Bewerbungsphase für den SAIL Award 2026 mit einem Preisgeld von über 280.000 US-Dollar - globale KI-Innovatoren sind herzlich willkommen

before 19 hour & 5 minute

Trump Says US Could ‘Take the Oil’ in Hormuz Push

before 19 hour & 11 minute