Asia gasoline outshines jet fuel, diesel as supply shrinks

Asia gasoline outshines jet fuel, diesel as supply shrinks

Asian gasoline profit margins have recently surged to overtake diesel and jet fuel margins as upcoming refinery maintenance in Indonesia and Vietnam will cut supply in the region.

Gasoline’s premium to benchmark Dubai crude oil averaged $11.22 a barrel in May, outpacing the May average premiums for jet fuel at $10.50 and gasoil at $10.08, according to Reuters calculations using data on Thomson Reuters Eikon. Read More…

 

 

 

Credit By: New Indian Express

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