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REFINERY MARGINS REPORT

A weekly free report encompassing regional refinery economics based on proprietary yields of financial swaps contracts

Latest

Refinery Margins: Weakness Across all Regions

Week to 9 Jan: Refinery margins fell—Asia $9.18 (-0.40), Europe $5.69 (-0.81), US $11.58 (-0.13).
11 page report
12 January 2026

Refinery Margins Steady as Asian Strength Offsets European Weakness

Refinery margins were broadly flat w/w as stronger Asian Dubai cracks offset weaker Brent cracks, while Europe saw softer fuel cracks.
11 page report
10 January 2026
Flux Markets
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