據美國油價網2022年7月15日報道，今年第二季度高煉油高利潤率和強勁的燃料需求，將為大型石油公司的煉油業務帶來豐厚的利潤。

一些最大的國際石油巨頭已經宣布，在本月晚些時候公布第二季度利潤時，他們預計煉油部門將獲得“罕見的”巨額利潤。  

最新一家預測煉油業務將出現巨額盈利的公司是法國能源巨頭道達爾能源公司，道達爾能源公司7月15日表示，“考慮到餾分油和汽油裂解利潤率達到非常高水平，該公司煉油和化工部門第二季度的業績預計將非常出色。”

今年第二季度，道達爾能源公司在歐洲煉油業務的可變成本利潤率躍升至每噸145.70美元，是今年第一季度每噸46.3美元利潤的3倍多。 

道達爾能源公司補充說：“天然氣、液化天然氣和電力交易活動的表現預計將保持高水平，但不會復制今年第一季度的出色貢獻。”

殼牌公司上周也表示，其指示性煉油利潤率（接近殼牌公司全球煉油單位總利潤率）在第二季度飆升至每桶28.04美元，而今年第一季度為每桶10.23美元。與今年第一季度相比，近3倍的煉油利潤率預計將為殼牌公司產品部門第二季度的業績增加8億至12億美元。

7月1日，埃克森美孚公司在提交給美國證券委員會（SEC）的一份文件中表示，其煉油部門利潤率的上升將使其第二季度業績增加44億-46億美元。未結算衍生品價值的變化將為埃克森美孚公司第二季度的收益再增加9億美元。 

因此，大型石油公司將在7月份最后一周公布又一個季度的巨額利潤，這一次得益于創紀錄的煉油利潤率，因為全球煉油產能受到限制，原油價格在第二季度反彈，燃料需求強勁反彈。

美國政府不斷批評大型石油公司創紀錄的煉油利潤率和高收益，他們在上月汽油價格創歷史新高之際警告石油企業不要“牟取暴利”。

李峻 編譯自 美國油價網

原文如下：

Big Oil Poised For “Exceptional” Earnings Thanks To High Refining Margins

High refining margins and fuel demand in the second quarter are set to lead to exceptional earnings at Big Oil’s refining businesses.

Some of the largest international oil majors have already announced expectations of blockbuster earnings from their refining divisions when they report Q2 profits later this month.  

The latest company to preview blockbuster earnings in refining was France’s supermajor TotalEnergies, which said on Friday that “Refining & Chemicals results are expected to be exceptional given the very high levels of distillate and gasoline cracks.”

TotalEnergies’ variable cost margin across its European refining business jumped to $145.70 per ton in the second quarter, more than three times the $46.3 per ton margin for the first quarter of this year.

“Performance of the gas, LNG and power trading activities is expected to remain high, but without replicating the exceptional contribution of the first quarter of 2022,” TotalEnergies added.

Shell also said last week that its indicative refining margin—an approximation of Shell’s global gross refining unit margin—surged to $28.04 per barrel in the second quarter, compared to $10.23 barrel in the first quarter of 2022.

The nearly tripled refining margin is expected to add between $800 million and $1.2 billion to the second quarter results of Shell’s Products division, compared to the first quarter 2022.

On July 1, ExxonMobil said in an SEC filing that the rise in industry margins is set to add between $4.4 billion and $4.6 billion to its Q2 results. The change in the value of unsettled derivatives would add another up to $900 million to Exxon’s earnings for the second quarter.  

So, Big Oil will be reporting in the last week of July another quarter of blockbuster earnings, this time aided by record refining margins as refining capacity globally is constrained, crude prices rallied in Q2, and fuel demand rebounded strongly.

Record refining margins and high earnings at the biggest oil corporations have been under continuous criticism by President Joe Biden and his Administration who have been warning firms against “profiteering” while gasoline prices hit records last month.