Data from Reuters indicate the average cracking margin on Dubai at Singapore popped up to 5¢/bbl on Friday-the first time a daily margin figure has been in the black in just over two weeks.The average cracking margin for the week ending Sept.11 increased by 72¢/bbl but remained in the red at negative-6¢/bbl.The weekly average hydroskimming margin improved by 27¢/bbl to negative-$1.86/bbl,marking the 21th consecutive week of negative hydroskimming margins,which were positive for only seven of the 49 weeks through Sept.11.
展开▼