Oil Refiners and Margins: Why Location Makes All the Difference - Seeking Alpha

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Oil Refiners and Margins: Why Location Makes All the Difference Seeking Alpha How big a difference does it make? What's the profitability of refining “cheap” West Texas Intermediate (WTI) crude vs. the more expensive Brent oil? A few charts below show my attempt at measuring this, but first here's a look at the divergence ... and more »