REFINERY MARGIN TRACKER: USGC coking margins up strong demand, wider crude spreads

US Gulf Coast coking margins have been surpassing the region’s cracking margins as distillate demand beats 2019 levels, European refiners seek lighter crudes and seasonal plant turnarounds begin to cut back output, sources said. Major US refiners agreed in their fourth quarter results calls gasoline and diesel demand has rebounded since the coronavirus pandemic downturn. And lagging jet demand is…