February 04, 2025 12:32 GMT
OIL PRODUCTS: Mid-Day Oil Products Summary: Cracks Up Marginally
OIL PRODUCTS
US gasoline and diesel cracks are marginally higher today, likely supported by rising trade tensions.
- US ULSD crack up 0$/bbl at 29.4$/bbl
- US gasoline crack up 0.1$/bbl at 14.96$/bbl
- US 321 crack up 0.1$/bbl at 19.77$/bbl
- Delek’s 73,000 bpd Big Spring refinery in Texas reported routine maintenance and repair activities for select process units on Feb. 2, according to a TCEQ filing cited by Reuters.
- Russian diesel and gasoil exports rose by nearly a quarter in January m/m according to LSEG in a rush to move shipments ahead of sanctions.
- Flint Hills 343kb/d Corpus Christi refinery in Texas leaked jet fuel from a transfer line late on Feb. 2, according to Texas Commission on Environmental Quality filing.
- Top US refiner Marathon Petroleum beat its Q4 profit estimate, as strength in its midstream and renewable diesel segment helped offset a slump in refining margins, Reuters reported.
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