- In the week ending 5 September refinery margins strengthened down the forward curve, with M1 Asian Refinery Margins up to $9.41/bbl (+ $2.97/bbl w/w), M1 European up to $8.89/bbl (+ $0.45/bbl w/w), and M1 US margins up to $14.39/bbl (+ $1.00/bbl w/w).
- Strength in the Dubai product cracks drove up Asian Margins, with the Kero/Dubai crack rallying by $2.48/bbl w/w, the GO Dubai Crack increasing by $2.85/bbl and the 92 Dubai Crack increasing by $1.54/bbl.
- Cracks in Europe also saw some strength with GO and EBOB Cracks rallying by $2.46/bbl and $2.29/bbl respectively over the week.
