NewsSignals AI analysis·Reuters·
Gasoline margins at more than eight-month lows; naphtha little changed
Grade Bbearish AI signal
Asian gasoline refining margins remain at their lowest levels in more than eight months as expectations of rising year-end supply and uncertain demand weigh on the market. The Octane-92 gasoline crack fell to $6.67 a barrel, its lowest since February 23, while naphtha cracks edged down to $235.53 per metric ton. Continued weak downstream demand and potential production shifts toward petrochemicals could keep pressure on gasoline margins.
Bullish strength: 25/100
- Pertamina sought octane-90 and octane-92 gasoline for January–March 2027 deliveries.
Bearish strength: 75/100
- Gasoline refining margins remain at more than eight-month lows.
- The Octane-92 gasoline crack fell to $6.67 a barrel from $7.94.
- Expected year-end supply increases and potentially shaky demand are weighing on the market.
- Low downstream demand is keeping naphtha buyers cautious about paying higher premiums.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.