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Gasoline crack rises to highest in over a week on Mideast inventory drop

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Asia’s gasoline margins climbed to their highest in more than a week as Middle East inventories extended declines for a second consecutive week, while trading activity remained thin following the Christmas holiday. The refining profit margins rose by 16 cents to $8.24 per barrel, their strongest level since Dec. 18. In the naphtha market, the ...

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