- In the week ending 31 October Refinery Margins rose across all regions: Asian M1 Margins up to $12.57/bbl (+$0.96/bbl w/w), European M1 Margins up to $11.21/bbl (+$1.16/bbl w/w), and US Margins up to $16.73/bbl (+$1.55/bbl w/w).
- Asian margins were driven up by Sing Gasoil Brent Crack and Dubai Gasoil Crack which increased by +$1.24/bbl w/w and +$2.49/bbl w/w respectively, the MOPJ Dubai Crack also increased by +$2.19/bbl w/w.
- In Europe ICE Gasoil crack was also the biggest mover, increasing by +$1.49/bbl w/w, Naphtha Cracks also saw some strength, increasing by $0.79/bbl.
