Portugal’s Galp suffers Q3 refining margin slump

摘要

Madrid—Portugal’s Galp Energia posted a 62.4% drop in its refining margin in the third quarter of 2013 amid tighter crack spreads for diesel, gasoline and fuel oil. The company reported a $1.70/b margin for the three-month period, down from $4.40/b in the same quarter of 2012.