Refining margins improved nearly across the board last quarter.
该公司上季度炼油利润全面提高。
Refining margins, having touched $4.50 a barrel, are down to one-tenth of that and still falling.
炼油的利润，曾一度达到4.5美元一桶，现在却跌落至以前的十分之一且仍在继续下跌。
Current refining margins are not high but have moved off their recent lows and look reasonably healthy from a longer term perspective.
目前的炼油利润率不高，但已弹离近期低点，而且从较长远角度来看也是相当稳健的。
Compared with the previous quarter, lower costs throughout the Group more than offset the impact of significantly weaker oil and gas prices and refining margins.
与上一季度相比，整个集团公司超低的成本能够大大抵消较低的石油和天然气价格及炼油利润带来的影响。
All this extra capacity will keep global refining margins under pressure for at least another five or six years, believes Francis Osborne of Wood Mackenzie, a consultancy.
“所有这些多余的储量会使得全球的炼油利润至少在5到6年内一直处于压力下”，Wood Mackenzie咨询公司的FrancisOsborne这么认为。
Think, for instance, what happens on the it side when, as has happened so often lately, a domestic facility escapes negative refining margins by conversion to a terminal facility.
例如，考虑一下it方面发生的这样一个场景(最近尤其常见)，一个内部设备通过转换成一个终站设备(terminal facility)避免了炼油毛利变为负数。
While refining margins for making diesel and other distillates have continued to deteriorate this has been more than offset by a sharp improvement in gasoline prices and margins.
虽然生产柴油及其他馏分油的精炼利润率继续下滑，但完全被汽油价格和利润率的大幅提升所抵消。
Global refining margins have improved significantly in recent weeks which should support strong demand for crude and lend some strength to both spot prices and spreads in the short term.
全球炼厂利润率近几周大幅上升，这应该可以在短期内支撑强劲的原油需求，提振现货价格及价差。
Global refining margins have improved significantly in recent weeks which should support strong demand for crude and lend some strength to both spot prices and spreads in the short term.
全球炼厂利润率近几周大幅上升，这应该可以在短期内支撑强劲的原油需求，提振现货价格及价差。
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