Gasoline recovers from near six-month lows
Asia's gasoline refining profit margin has rebounded from near six-month lows, rising to $7.54 per barrel over Brent crude due to increased demand from North Asia. Taiwan's CPC is seeking 250,000 barrels of higher 95-octane gasoline for delivery in late January to early February. Meanwhile, the naphtha refining profit margin remains stable at $77.68 per metric ton over Brent. Additionally, ultra-low-sulphur diesel loadings from Russia's Primorsk port are expected to increase in January, driven by higher fuel output and lower domestic demand.
