AnalysisOil
Refining margins and the quiet return of product arbitrage
Regional spreads have re-opened routes that had been uneconomic for much of the previous cycle.
Sofia Ricci
Markets Analyst · 25 August 2026
Tag
Refining
All Refined Fuels Partners coverage tagged Refining.
AnalysisOil
Crude differentials signal shifting refinery appetite
Grade preferences are moving as refiners optimise for middle distillate yield.
Sofia Ricci
Markets Analyst · 17 August 2026