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Aramco Sees Strong Refining Margins Through 2026

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Saudi Aramco is anticipating that refining margins will remain strong through the second half of 2026, despite recent attacks on Red Sea oil facilities.

The company expects exceptionally strong refining margins, which would be a welcome development for the industry. This prediction comes in light of disruptions to Saudi Arabian crude exports due to Houthi attacks on oil infrastructure in Jazan and Yanbu last Saturday.

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