Caltex Australia
(ASX:CTX) has announced its sales from production in April 2017 slumped from the prior month.
The retail fuel and oil company saw a drop from 534 million liters in CRM sales in March to 525 ML in April.
Caltex says its realised Refiner Margin rose to US$15.32 an oil barrel equivalent (bbl), including the pricing lag, compared to March 2017 and April 2016.
The company says higher petrol and diesel refiner margins also drove the unfavorable pricing lag, deeper to 41 US cents an oil barrel equivalent (bbl), compared to March’s 39 US cent bbl.
Shares in Caltex Australia
(ASX:CTX) is trading 0.09% higher to $32.49.
