Neste updates its third-quarter 2023 outlook regarding Oil Products and the status of its Singapore new line ramp-up
Neste Corporation, Stock Exchange Release / Insider Information, 12 September 2023 at 9:45 a.m. (EET) Improved outlook on Oil Products’ margin for Q3 While the oil markets have been volatile, Northwest European diesel and gasoline margins have during the third quarter increased to a high level, improving also the total refining margin outlook for Neste’s Oil Products in the third quarter. New updated outlook: Neste’s Oil Products’ third-quarter total refining margin is expected to be significantly higher than in the second quarter of 2023 (USD 16.7/bbl). Previous outlook: Neste