iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Refining Margins Widening

Gasoil (diesel) margins have erupted to the upside, now at the highest point in 2 1/2 years. The spread to Dubai crude rose to 12% or $22.15 in early Asian trading, based upon the fact that Japanese power companies will need to use alternatives to nuclear to fill power gaps.

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