Ideas

HENGYUAN, PETRONM: a new golden age of oil refiners?

beruang
Publish date: Sun, 08 May 2022, 11:47 PM
dont delete my blog

Got these useful images / info from another platform. Just sharing them here

NYMEX 3:2:1 Crackspread... 

 

 

Left: other various crack spreads and public listed oil refiners recent performance 

Right: how to play the game

 

 

Hope this is useful. 

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2 people like this. Showing 7 of 7 comments

information

which IB published the right hand side information? Just came out?

1 month ago

probability

30 USD/brl against Tapis? Crazy..

1 month ago

sparrow

Quoting from the news below: MRPL, the largest oil refinery company in India, said that 1 USD increase in GRM (Gross refinery margin) is equivalent to 25% increase in EDITDA, wonder if HY enjoys similar margin as well?

https://www.moneycontrol.com/news/business/markets/mrpl-to-capitalise-...

1 month ago

Tobby

Hengyuan still cheap! Plenty of upside!

1 month ago

probability

Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman said on Monday the gap between crude prices and prices for jet fuel, diesel and gasoline was around 60% in some cases due to lack of investment in refining capacity.

https://www.reuters.com/world/middle-east/saudi-energy-minister-says-g...

1 month ago

probability

"Refinery margins could nearly double and be sustained at high levels for the next half-decade, with global fuel markets seeing sustained lower supply due to a lack of investments," the brokerage stated.

........

Global research firm Morgan Stanley on Monday said that Reliance Industries Ltd is on a path towards a $20 billion-plus EBITDA

https://www.livemint.com/companies/news/ril-to-clock-20-bn-plus-ebitda...

1 month ago

sparrow

"A refining golden age", quoted from the news above

1 month ago

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