Neste raises its second quarter 2022 outlook
Neste Corporation, Stock Exchange Release / Insider Information, 14 June 2022 at 1:30 p.m. (EET) Neste raises its second quarter 2022 outlook. While the oil markets have been very volatile, impacted by the war in Ukraine, the Northwest European gasoline and diesel margins have increased to exceptionally high levels. In addition, Neste’s successful mitigation actions to replace Russian crude oil and natural gas have enabled the company to retain high utilization rates at its Porvoo refinery. Oil Products’ second-quarter total refining margin is expected to more than double from the level