Australia's Ampol Third-Quarter Lytton Refining Margin More Than Doubles

3-line summary

• Australian fuel company Ampol said Monday its third-quarter Lytton refining margin rose to $23.92 per barrel, up 125% from $10.64 a year earlier, according to a Reuters report; the company attributed the gain to supply disruptions from Middle East conflict, which benefited its integrated supply chain broadly.
• Ampol said further maintenance is needed on the refinery's fluid catalytic cracking unit (FCCU), which will reduce expected fourth-quarter gasoline, diesel, and jet-fuel output by 150 million liters versus prior guidance.
• Group total sales volume for the third quarter was 6,245 million liters, up from 6,028 million liters a year earlier.

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