Refining margins of Summer 1992

Journal Article · Mon Aug 31 04:00:00 EDT 1992 · Energy Detente; (United States)

OSTI ID:7024460

Although margins appear to have strengthened considerably since the first of the year, they have deteriorated along with gasoline prices during the peak Summer driving weeks. With demand less than impressive, crude oil and refined product prices could decline further into the Fall. Likelihood: crude could drop slightly more, handing a minimal improvement over to the refining sector of the industry. It will not be enough to shore up for potential margin and supply troubles when oxygenate content rules hit US gasoline markets this October. Overall, the International Energy Agency expects oil demand in 1992 to be 0.5% higher than in 1991. This issue also presents the following: (1) the ED Refining Netback Data Series for the US Gulf and West Coasts, Rotterdam, and Singapore as of August 12, 1992; and (2) the ED Fuel Price/Tax Series for countries of the Eastern Hemisphere, August 1992 Edition.

• OSTI ID: 7024460
• Journal Information: Energy Detente; (United States), Journal Name: Energy Detente; (United States) Vol. 13:16; ISSN EDETD
• Country of Publication: United States
• Language: English

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USA