US-based energy consultants ESAI says Asia’s oil refining margins have soared to a two-year high. “The sharp increases in cargo freight rates have had aresounding impact on product prices in Asia, with refining margins soaring to a two year high,” it said in the latest edition of its Pacific Basin Stockwatch. “High freight rates are…
MARKETS: ESAI says Asian refining margins are at two-year high
Posted on December 16, 2002 by EnergyAsia