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Asia Distillates-Gasoil crack firms as supply U.S. disruptions overshadow Asia demand concerns

Asian refining margins for 10 ppm gasoil rose to a two-and-a-half-month high on Monday as spring refinery turnarounds tightened regional supplies and the prospect of a U.S. fuel shortage following a cyber attack on pipeline operator Colonial Pipeline added to the bullish sentiment. Refining margins for 10 ppm gasoil climbed to $7.88 per barrel over Dubai crude during Asian trading hours, up from $7.57 a barrel on Friday and the highest since Feb. 23, Refinit

Asia Distillates-Gasoil cracks post sixth straight weekly gain

Asian refining margins for 10 ppm gasoil posted their sixth consecutive weekly rise on Friday as spring refinery turnarounds tightened regional supplies. Refining margins, also known as cracks, for 10 ppm gasoil remained unchanged at $7.57 per barrel over Dubai crude during Asian trading hours. The cracks have gained 4.4% this week, and have risen about 15% in the last month, Refinitiv Eikon data showed. The gasoil market, however, is expected to com

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