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Weakness in Asia, Strength in Europe

Refinery Margins Report for the week ending 12 June
Published: June 15, 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 12 June, Refinery Margins showed varied movements across regions. Asian Refinery Margin closed at $24.81/bbl, down -$1.67/bbl w/w. European Refinery Margin ended at $15.20/bbl, up +$1.05/bbl w/w. US Refinery Margin finished at $27.05/bbl, slightly down by -$0.03/bbl w/w.

  •  European margins experienced notable movements in the 3.5 Bgs Crack and GO Crack. The 3.5 Bgs Crack saw a significant decline, falling by -$2.45/bbl w/w, ending at -$8.30/bbl. Meanwhile, the GO Crack also weakened, dropping by -$3.89/bbl w/w to close at $42.37/bbl.
  • Asian margins were marked by substantial shifts in several products. The 380 Dub Crack experienced a sharp decline, falling by -$2.68/bbl w/w to $0.20/bbl. The Gasoil/Dubai Crack also saw a notable decrease, falling by -$4.90/bbl w/w, closing at $47.71/bbl. The Kero Dub Crack followed a similar trend, dropping by -$5.86/bbl w/w to end at $42.65/bbl.

Written by

Giovanni Simonetti

Junior Data Analyst, Flux
Giovanni Simonetti

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