MARKETS

Ampol margins triple in three months 

AMPOL has gone from struggling to soaring in three months reporting an "unprecedented" margin at its Lytton Refinery in Brisbane of US$32.96 per barrel, a near-tripling from the first quarter's $10.59/bbl. 

Helen Clark and Paul Hunt
Ampol margins triple in three months 

This was driven by a "significant increase" in Singapore Weighted Average Margin which hit $33.62/bbl thanks to a recovery demand as pandemic restrictions ease, sanctions on Russian oil and Chinese export...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.