MARKETS

Caltex profits plummet 54% on weaker refining margins

Refining margins reach historical lows

Caltex profits plummet 54% on weaker refining margins

In line with guidance it released in June, the refining and fuel giant announced this morning a net replacement cost of sales operating profit (RCOP) of A$135 million, down 55% compared to $296 million...

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