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Quantitative Finance · Glossário

O que é Gross refining margin?

Definition 3.6 Markets III: Commodities, Energy and Crypto · Capítulo 3 — Refined Products and Cracks

The gross refining margin of a refinery is the value of the products it obtains from a barrel of a given crude, at their market prices and yields (including processing gain), less the price of that crude. The net margin also deducts operating costs.

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