Muse Stancil updates basis for refining margin series

03/21/2011
Bradford L. StultsConsultant Muse Stancil & Co.Muse Stancil & Co. has updated the basis for the refining margin series that are reported each month in Oil & Gas Journal. Margins are reported for each of six world refining centers: US Gulf Coast-Houston; US East Coast-New York; US Midwest-Chicago; US West Coast-Los Angeles; Northwest Europe-Rotterdam; and Southeast Asia-Singapore.These margin series were started in 2001 (margin data dating back to 1995) and are described in the Jan. 15, 2001, issue of OGJ. The series are intended to identify margin trends for typical refining operations in each region. Current changes to these regional models have been made consistent with this...
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