Australia's Ampol drops to 8-week low on trimmed outlook
19/10/2026 02:26
BUZZ-Australia's Ampol drops to 8-week low on trimmed outlook ** Shares of Ampol ALD.AX fall as much as 7% to A$40, their lowest level since August 24
** Energy retailer lowers its fourth-quarter production outlook for higher-value products at its Lytton refinery, citing advanced maintenance work
** Co reported a 125% rise in refining margins at its Lytton refinery for the third quarter
** Stock up 29.44% this year, including the day's move
(Reporting by Sherin Sunny in Bengaluru)
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Brief: Ampol Posts Q3 Lytton Refiner Margin $23.92 Per Barrel