Oil Refiners Take Home $1.01 Per Gallon In Gross Profits In May; $1.05 On Retail Sales, Says Consumer Watchdog
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Oil Refiners Take Home $1.01 Per Gallon In Gross Profits In May; $1.05 On Retail Sales, Says Consumer Watchdog
SACRAMENTO, Calif., July 24, 2025 /PRNewswire/ -- California oil refiners' profits per gallon grew in May to top $1 per gallon, according to new data posted by the California Energy Commission (CEC).
Oil Refiners Take Home $1.01 Per Gallon In Gross Profits In May; $1.05 On Retail Sales
Sacramento, CA – California oil refiners’ profits per gallon grew in May to top $1 per gallon, according to new data posted by the California Energy Commission (CEC). The CEC reported oil refiners gross margins growing from 43 cents per gallon in January to $1.01 per gallon in May and the retail margin, what refiners take home just […] The post Oil Refiners Take Home $1.01 Per Gallon In Gross Profits In May; $1.05 On Retail Sales appeared first…
US Refiners May See Q2 Profit Recover on Stronger Diesel Margins - Energy News, Top Headlines, Commentaries, Features & Events
Investors are expecting top U.S. refiners to report higher second-quarter profits, bouncing back from losses during the first three months of the year as unseasonably strong diesel margins boost earnings. Fuelmakers have reaped unexpected profits from producing key products in recent months, a respite after earnings slipped from record levels in 2022, when a recovery ...
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