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Strong Week for European Margins

Refinery Margins Report for the week ending 19 June
Published: June 22, 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 19 June, Refinery Margins showed varied movements across regions. Asian Refinery Margins ended at $25.75/bbl, up $0.94/bbl w/w. European Refinery Margins saw the largest increase, closing at $17.43/bbl, a rise of $2.23/bbl w/w. US Refinery Margins slightly increased to $28.15/bbl, up $1.10/bbl w/w.

  • European margins experienced notable movements in the Naphtha and EBOB Cracks. The Naphtha Crack showed significant strength, rising by +$3.50/bbl w/w, marking the largest weekly change. Meanwhile, the EBOB Crack also increased, gaining +$2.13/bbl w/w. The  GO Crack saw the biggest decline falling -$2.2/bbl w/w.
  • Asian margins displayed varied movements, with the 92 Dubai Crack showing strength, increasing by +$2.16/bbl w/w. MOPJ Crack rose in both the Brent and Dubai Cracks, gaining +$3.11/bbl w/w and +$5.34/bbl respectively, marking the largest increase in the region. Conversely, the 380 Dub saw a decline, falling by -$1.11/bbl w/w, followed by Sing Gasoil Crack which fell by -$2.77/bbl w/w.

Written by

Giovanni Simonetti

Junior Data Analyst, Flux
Giovanni Simonetti

About Refinery Margins Report

A weekly free report encompassing regional refinery economics based on proprietary yields of financial swaps contracts

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