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BUZZ-Taiwan's CPC Corp restarts gasoline-making unit
April 27, 2017 / 3:38 AM / 7 months ago

BUZZ-Taiwan's CPC Corp restarts gasoline-making unit

** CPC Corp Taiwan has restarted a gasoline-making unit this week, which is on schedule, trade sources say

** CPC’s 80,000-barrels-per-day (bpd) unit was shut in late March

** Gasoline margin in Asia came under pressure mid-week following unexpected build in U.S. petrol inventories last week,

** Asia’s gasoline crack, or the premium of refining a barrel of Brent crude into the fuel, was at a two-week low of $10.62 a barrel on Wednesday

** It hit a nine-week high of $12.09 on April 21 GL92-SIN-CRK (Reporting by Seng Li Peng)

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