June 18, 2012:

U.S. regional refined product margins were up by about 3 percent on average, showing mixed reactions across the regions in the week ended June 15, Credit Suisse said in a weekly report on Monday. Northeast margins rose about 14 percent for the highest gain, followed by a 11 percent rise in refining margins in the Gulf Coast region. Margins in the Rocky Mountain region rose about 2 percent. However, West Coast margins plunged more than 8 percent while, margins on the MidWest region dropped about 3 percent. WTI prices were down the past week, falling by $1.13 a barrel to

$83.32 a barrel. Oil prices were lower due to continuing European sovereign debt concerns and lessening concerns about supply disruptions from Iran, Credit Suisse said in a report.The following table shows refinery margins and changes in dollars per barrel.

                  Date     Northeast  MidWest  Gulf Coast  Rockies  West Coast

 Current week     Jun-15   13.63      33.32    17.93       49.32    11.73

 Previous week    Jun-08   11.99      34.48    16.18       48.49    12.82

 Change                           1.64       -1.16    1.75        0.83     -1.09

 Pct change                     13.65      -3.37    10.83       1.71     -8.52

 

 Trailing 4-week  Jun-15   11.69      33.22    16.83       47.65    15.15

 Previous year    Jun-17   7.87       31.44    9.01        33.77    16.88

 Change Y-on-Y             3.82       1.78     7.82        13.89    -1.73

By Reuters