Singapore Refining Margin Benchmark Falls To Its Lowest In 40 Quarters
An oil tanker in the Mediterranean sea is silhouetted against the hazy sky in the waters off the coast of Gibraltar. (Photographer: Marcelo del Pozo/Bloomberg)

Singapore Refining Margin Benchmark Falls To Its Lowest In 40 Quarters

The Singapore gross refining margin, a benchmark of profitability for crude refiners, dropped to its lowest in 40 quarters as the global economy slows and demand for high-sulfur oil fell with the s...
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