U.S. Refining Margins Trend Higher at the Start of February

摘要

U.S. refining margins improved in the first week of February, especially along the East Coast, according to A.G. Edward's Senior Analyst Bruce Lanni.The composite margin averaged9.46/bbl compared to8.78/bbl the prior week. Margins are averaging8.47/bbl in the first quarter, slightly below8.82/bbl in the final quarter of 2006 and8.97/bbl a year ago.