Flux Markets | US Leads Margins Rally Skip to main content
Our reports have now moved onto our Flux platform. Existing customers can Login to Flux for access, or visit The Officials to sign up for free trial access.

Our reports are now published by The Officials, and accessible through the Flux platform. Login to Flux 4.0 to view them, or visit The Officials website to learn more and sign up to a free trial.

US Leads Margins Rally

Refinery Margins Report for the week ending 9 October
Published: October 12, 2026
Written by:
Giovanni Simonetti

Giovanni Simonetti

Junior Data Analyst, Flux
Giovanni Simonetti
11 page report
Share

In the week ending 9 October, refinery margins showed varied price action across US, Asia, and Europe. Asian Refinery Margin closed at $34.85/bbl, moving up +$0.91/bbl w/w. European Refinery Margin settled at $26.47/bbl, registering a jump of +$2.42/bbl w/w. US Refinery Margin reached $42.35/bbl, increasing by +$3.73/bbl w/w.

  • European Margins: European refinery margins experienced a positive week;  GO Crack rose +$8.05/bbl w/w to $83.92/bbl, Naphtha Crack rose +$3.05/bbl w/w to -$2.80/bbl, and 0.5 Bgs Crack moved up slightly +$1.90/bbl w/w to $0.00/bbl,.
  • Asian Margins: Asian margins saw movement across both benchmarks during the week ending 9 October; on Dubai cracks, GO Dubai Crack rose strongly +$7.88/bbl w/w to $84.03/bbl and 380 Dubai Crack moved up +$6.22/bbl w/w to $5.08/bbl. On Brent cracks, MOPJ Crack rose significantly +$5.18/bbl w/w to $6.69/bbl, 380 Crack also increased +$6.50/bbl w/w to $7.48/bbl.

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

More News

Bulls Charge East

In the E/W, momentum is positive. The 14,3,3 stochastic oscillator is well in overbought territory, but is not showing signs of reversal...
17 page report

Foot off the Gas

Gasoline cracks and spreads weakened, with de-risking seen across the complex.
14 page report

Brent strengthens to $105.50/bbl as Middle Eastern conflicts escalate

Brent strengthens to $105.50/bbl; attacks on Riyadh airport risks wider regional war; Iran ramps up attacks on Hormuz shipping

CFTC Weekly: Fund only ramping up risk in RBOB

Funds de-risked in Brent, WTI, Gasoil, and HO
13 page report