S-Oil says Q2 refining margins to remain steady, then trend upward

S-Oil

26/04/2024 01:02

SEOUL, April 26 (Reuters) - South Korea's S-Oil
 010950.KS , whose main shareholder is Saudi Aramco  2222.SE ,
forecast on Friday that second-quarter refining margins will be
steady, supported by regular maintenance in the region, and then
trend upward in tandem with higher demand as the summer season
gets underway. 

 (Reporting by Joyce Lee and Heekyong Yang; Editing by
Muralikumar Anantharaman)
 ((joyce.lee@tr.com;))