OMV's Update Shows Strong Refining Margins But Weakness in Chemicals -- Market Talk

Dow Jones
2025/10/09

0815 GMT - OMV's update points to strong refining margins in its fuels and feedstock unit but continued weakness in chemicals margins, RBC Capital Markets analysts write. Overall, the update should be seen as neutral to slightly positive, they add. The Austrian oil-and-gas company's refining margin indicator was strong at $11.5 a barrel, and came in ahead of the $10.5 a barrel the analysts had expected. However, relative to the prior quarter, chemicals indicator margins across the board were slightly lower, they add. Shares trade up 0.8% at 45.18 euros. (adam.whittaker@wsj.com)

 

(END) Dow Jones Newswires

October 09, 2025 04:15 ET (08:15 GMT)

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