This dataset contains information about world's oil regional refining margins. Data from BP. Follow datasource.kapsarc.org for timely data to advance energy economics research. Note: The refining margins presented are benchmark margins for three major global refining centres. US Gulf Coast (USGC), North West Europe (NWE - Rotterdam) and Singapore In each case they are based on a single crude oil appropriate for that region and have optimized product yields based on a generic refinery configuration (cracking, hydrocracking or coking), again appropriate for that region. The margins are on a semi-variable basis, ie the margin after all vari