- In the week ending 02 January Refinery Margins saw little change across all regions: Asian M1 Margins up to $9.58/bbl (+$0.24/bbl w/w), European M1 Margins up to $6.50/bbl (+$0.23/bbl w/w), and US Margins down to $11.71/bbl (-$0.17/bbl w/w).
- Asian margins were driven up by strength in Dubai Cracsk: 380 Dubai cracks rose by +$0.42/bbl, 92 Dubai cracks by +$0.24/bbl, and MOPJ Dubai cracks rose by +$0.16/bbl. Brent cracks saw weakness with Sing 0.5 cracks falling by -$0.68/bbl w/w, and Sing Gasoil Cracks by -$0.22/bbl.
- In Europe 0.5 Bgs crack were the biggest mover, falling by -$0.44/bbl w/w, Naphtha Cracks and Gasoil Cracks also weakened falling by -$0.26/bbl and -$0.25/bbl respectively.
