Market Position And PerformanceStrong export demand is noted with open arbitrages to Europe, benefiting the company's market position.
Refining EconomicsThe company’s portfolio is well-aligned with evolving refining economics, benefitting from advantaged feedstocks, export market access, and minimal regulatory burden relative to peers.
Refining Sector PerformanceHigher throughput and rising cracks support refining results, particularly due to strong demand and tight product inventories.