Ideas
HENGYUAN, PETRONM: a new golden age of oil refiners?
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.
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
-65.02%Discussions
2 people like this. Showing 7 of 7 comments
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-on-strengthened-singapore-grms-md-m-venkatesh-8383251.html/amp
2022-05-09 15:17
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-gap-between-crude-prices-fuel-mobility-prices-around-2022-05-09/
2022-05-09 22:55
"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-by-end-2022-says-morgan-stanley-11652095391914.html
2022-05-09 23:46
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
2
4
save malaysia!
Visa-free travel to China extended for Malaysians to 30 days
5
6
7
Good Articles to Share
Iran to hold nuclear talks with three European powers in Geneva on Friday, Kyodo reports
8
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
information
which IB published the right hand side information? Just came out?
2022-05-08 23:55