November 8, 2012 / 12:42 PM / 5 years ago

Repsol sees refining margins of $5-$6/barrel at year-end

MADRID, Nov 8 (Reuters) - Spanish oil major said on Thursday after presenting its third quarter results that it expected to see refining margins of between $5 and $6 a barrel by year-end.

"We have seen a lot of strength in October...and lower margins in the last week. We estimate between $5 and $6 a barrel," said the company's financial director in a conference call. (Reporting by Tracy Rucinski; writing by Nigel Davies)

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