Wednesday, July 18, 2007

European Refining Margins Fall to Seven-Month Low as Products Prices Drop

(Bloomberg) -- Refining margins in Northwest Europe
fell to the lowest since December as product prices dropped more
than crude.

Brent cracking margins in northwest Europe fell to minus
$3.10 on Tuesday, down from minus $1.93 the previous day,
according to data compiled by Bloomberg. That's the lowest level
since Dec. 29.


Read more at Bloomberg Energy News

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