Asia’s gasoline refining profit margin recovered from near six-month lows on Tuesday amid fresh demand emerging from North Asia, traders said.

The crack rose to $7.54 per barrel over Brent crude from $6.88 a day earlier.

In purchases, Taiwan’s CPC was heard to have sought 250,000 barrels for the higher 95-octane grade of gasoline for end-January and early-February delivery, market participants said.

In the naphtha market, the refining profit margin was little changed at $77.68 per metric ton over Brent crude on Tuesday.

NEWS

– China’s total fuel oil imports fell in 2025 after hitting a record high in 2024, as lower import tax rebates weighed on demand from independent refineries.
– Ultra-low-sulphur diesel loadings from the Russian port of Primorsk may rise in January by about one-third from December and exceed 2.2 million metric tons, supported by higher fuel output and seasonally weaker domestic demand, data from traders and LSEG and Reuters calculations showed.

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Source: Reuters