Soaring US refined product exports support stronger margins

Most US refining margins moved higher for the week ended July 21 as global demand for US gasoline and diesel remains strong, an analysis from S&P Global Commodity Insights showed July 24. US refineries are finishing their ramp-up to full rates following a heavier-than-normal maintenance season, eclipsing restarts from around the globe. With ongoing refinery downtime in other regions like…