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01.10.2024

Tüpraş Refining Margins (September 2024)

Tacirler Investment

Tupras announced its product margins for September. Among middle
distillate products, diesel margin improved by 3% on a monthly basis but
declined by 58% year-on-year, reaching $14.8/bbl. The jet fuel margin
decreased by 5% month-on-month and 63% year-on-year, settling at
$12.2/bbl. Meanwhile, the gasoline margin dropped by 19% from the
previous month and 54% year-on-year, reaching $11.3/bbl. The fuel oil
margin was recorded at -$13.3/bbl. During the same period, the average
Brent crude oil price stood at $74.3/bbl

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