REFINERY MARGIN TRACKER: Russian crude margins rise on falling prices as refiners shun supply

Russia’s military incursion into the Ukraine and subsequent sanctions levied by the US and other nations have most refiners stepping away from buying Urals and CPC Blend crude, despite higher refinery margins due to the lower crude price, an analysis from S&P Global Platts showed Feb. 28. As of Feb. 28, actual volumes of Russian crude exports from its two…