Australia's Ampol posts higher fourth-quarter Lytton refining margins

Reuters
01/28
Australia's Ampol posts higher fourth-quarter Lytton refining margins

Jan 28(Reuters) - Australia's Ampol ALD.AX on Wednesday reported a nearly 40% sequential increase in fourth-quarter refining margins at its Lytton refinery, reflecting stronger product cracks, particularly for middle distillates.

The country's top fuel retailer said the Lytton refining margin increased to $15.14 per barrel from $10.64 per barrel in the previous quarter.

(Reporting by Kumar Tanishk and Shruti Agarwal in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))

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