Refiners Defy Oil Price Slump With Strong Q1 Profits on Solid Margins ...Middle East

OILPRICE - Economy
Refiners Defy Oil Price Slump With Strong Q1 Profits on Solid Margins
source : OILPRICE ( Middle East ) () 30
Despite slumping oil prices, global refiners are turning in strong first-quarter earnings, thanks to a sharp rebound in profit margins, Reuters reports, with U.S. Gulf Coast refiners processing Mars crude enjoying a doubling of margins to some $16 per barrel, $7 margins in Singapore for Dubai crude, and a 36% margin jump in Asia for Arab Light crude.  All in all, we’re looking at refining margins for the first-quarter of this year that are better than 2024, even as upstream margins weaken and the industry at large expresses concern over…

Read More Details
Finally We wish PressBee provided you with enough information of ( Refiners Defy Oil Price Slump With Strong Q1 Profits on Solid Margins )

Also on site :

Most viewed in Economy
China's Clean Energy Boom Spells Trouble for Central Asia's Gas Giants
OILPRICE - before 5 hours & 48 minute
Disney unveils its most advanced resort yet with a record-breaking spectacle on Yas Island
ٍٍٍSaudi Gazette - before 5 hours & 29 minute
How early should you write a will?
INDEPENDENT - before 9 hours & 42 minute
European Union to launch dispute against U.S. tariffs with World Trade Organization
CNBC - before 9 hours & 50 minute
Oil Prices Rise on Hopes of U.S. Trade Deals
OILPRICE - before 8 hours & 56 minute
What the latest interest rates mean for your mortgage, savings and bills
INDEPENDENT - before 10 hours
Yas Island Celebrates Announcement of Disney Theme Park Resort with a Record-Breaking Drone Show, Landmark Illuminations, Live Performances and Fireworks Spectacular
PR Newswire - before 9 hours & 50 minute
ConocoPhillips Beats Q1 Profit Estimates as Output Jumps
OILPRICE - before 6 hours & 23 minute
What the U.S.-U.K. trade deal Trump announced means for Britain
Washington Post - before hour & 42 minute
Sapiens Reports First Quarter 2025 Financial Results
PR Newswire - before 11 hour & 47 minute
Republicans wage a tax war over SALT, stalling Trump’s ‘big, beautiful bill’
Washington Post - before 11 hour & 46 minute
Unlock Seamless Warehouse Design with Design Power's Configurator for Tekla Structures
PR Newswire - before 9 hours & 8 minute


Latest News

Tucows Delivers Strong Q1 with Gains in Revenue, Gross Profit and Adjusted EBITDA

before minute

VertexOne Drives Industry Conversation at IUCX 2025 with VXconnect Launch & Strategic Insights

before 36 minute

Europe’s $2 Trillion Energy Reality Check

before 57 minute

Celsius Founder Alex Mashinsky Sentenced to 12 Years in Prison

before 57 minute

U.S.-U.K. Trade Deal Builds on Close Ties but Leaves Some Tariffs in Place

before hour & 7 minute

Charter to Participate in MoffettNathanson Media, Internet and Communications Conference

before hour & 25 minute

What the U.S.-U.K. trade deal Trump announced means for Britain

before hour & 42 minute

U.S., Russia In Quiet Talks to Bring Russian Gas Back to Europe

before hour & 47 minute

Krispy Kreme stock plunges 25% because the plan to sell donuts at McDonald's is on hold

before hour & 51 minute

Trump tells Congress to raise taxes on the rich in ‘big, beautiful bill’

before 2 hours & 18 minute

REPT BATTERO uvádí na trh novou baterii s kapacitou 392Ah a systém pro ukládání energie Powtrix™ 6,26 MWh

before 2 hours & 21 minute

Bill Gates says Elon Musk's DOGE is 'killing' poor children

before 2 hours & 45 minute

UK Net-Zero Goal at Risk as Ørsted Cancels Offshore Wind Project

before 2 hours & 59 minute

U.S. Nat Gas Liquids Exports Hit Record—Even With China Playing Hardball

before 3 hours & 17 minute

OrthoLazer Shines a Light on Arthritis Awareness Month

before 3 hours & 30 minute