Ampol Profit Surges as Middle East Disruption Boosts Refining Margins
News Source : Yahoo Entertainment
News Summary
- Australian fuel supplier Ampol reported a sharp increase in first-half 2026 earnings, benefiting from higher refining margins and trading opportunities.
- Replacement Cost Operating Profit EBITDA, excluding significant items, climbed 152% from a year earlier to A$1.64 billion for the six months ended June 30.
- Ampol's Lytton Refiner Margin averaged US$28.26 per barrel during the half, while refinery production increased 8.7%.
- Ampol said its broader supply, shipping and trading operations also benefited from the volatile market.
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