NewsSignals AI analysis·Reuters·Nov 5, 2026

Gasoline refining margins fall

Grade Bbearish AI signal$BRENT

Northwest European gasoline refining margins plunged by more than $7 on Thursday as rising oil prices erased gains from the previous session. The European gasoline crack fell to $9.88 per barrel from $17.46, while ARA gasoline inventories increased 2.8% and Asian petrol margins dropped nearly $20 since late October. Higher crude prices, growing inventories and weaker refining economics could continue pressuring gasoline margins and refinery profitability.

Bullish strength: 30/100

Rising oil prices could support crude benchmarks.
China's November gasoline exports could fall below 1 million tons as refiners hold back sales.

Bearish strength: 70/100

Northwest European gasoline refining margins fell by more than $7.
European gasoline crack declined to $9.88 per barrel from $17.46.
ARA gasoline inventories increased 2.8%.
Asian petrol margins fell nearly $20 since late October to below $7 per barrel.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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