- In the week ending 07 November, Refinery Margins rose across all regions: Asian M1 Margins up to $13.21/bbl (+$0.64/bbl w/w), European M1 Margins up to $11.77/bbl (+$0.56/bbl w/w), and US Margins up to $17.38/bbl (+$0.65/bbl w/w).
- Asian margins were driven up by 92 Brent Crack and Dubai 92 Crack which increased by +$1.81/bbl w/w and +$2.01/bbl w/w respectively. The S10 Brent Crack was the biggest mover, increasing by +$2.87/bbl w/w, the Kero Dubai Crack was close by increasing by +$2.75/bbl w/w.
- In Europe ICE Gasoil crack was the biggest mover, increasing by +$3.19/bbl w/w, EBOB Cracks also saw strength, increasing by $2.63/bbl.
