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Margins Weaken in All Regions

Refinery Margins Report for the week ending 29 May
Published: June 1, 2026
Written by:
Giovanni Simonetti

Giovanni Simonetti

Junior Data Analyst, Flux
Giovanni Simonetti
Reviewed by:
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
11 page report
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In the week ending 29 May, Refinery Margins weakened across all regions. Asian M1 Margins fell to $25.59/bbl (-$3.42/bbl w/w). European Margins fell to $15.18/bbl on (-$1.03/bbl w/w). US M1 Margins fell to $27.55/bbl (-$1.77/bbl w/w).

  • European margins saw weakness in Gasoil and Gasoilne: Gasoil Crack falling -$3.65.48/bbl w/w, and  EBOB Crack by -$5.83/bbl w/w.
  • Asian margins were also driven by weakness in Gasoline: Sing 92 Crack falling -$6.31/bbl w/w on the Brent Crack and - $6.47/bbl w/w on the Dubai Crack. Dubai Gasoil Crack was also weak falling -$7.29/bbl w/w.

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