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re: USW strike...** POSSIBLE END IN SIGHT **
Posted on 3/4/15 at 6:12 am to TJG210
Posted on 3/4/15 at 6:12 am to TJG210
While margins at US refineries have dropped some in late 2014 to 2015 they are still very healthy. Midwestern refinery margins have pulled down closer to US Gulfcoast margins. But overall US refineries are doing just fine. Main reason is the spread between WTI and Brent. Refiners that export products to South America compete against product based on Brent feed with Brent being $10/BBL higher right now.
This post was edited on 3/4/15 at 12:55 pm
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