Report
Ezgi Yilmaz
EUR 68.40 For Business Accounts Only

BGC PARTNERS - TUPRAS FEB-18 CRACK SPREADS

Recovery in diesel and jet fuel cracks in Feb-18 due to refinery maintenances and strong demand, slightly positive for Tupras ... Diesel and jet fuel crack spreads averaged at US$12.2 and US$14.4 per barrel in Feb-18, increasing by 10% and 43%, respectively. Average diesel and jet fuel cracks stood at US$13.8 and US$12.8, respectively, in the month of February in 2013-2017 period.
Underlying
Turkiye Petrol Rafinerileri A.S.

Turkiye Petrol Rafinerileri is an energy and refining company based in Turkey. Co. is engaged in providing and refining crude oil, the importing and exporting of oil products, and establishing and operating refineries in Turkey and foreign countries. Also, Co. is establishing and operating factories and facilities in the petrochemical industry. Co. is engaged in purchasing, selling, importing, exporting, storing, marketing and distributing (wholesale, retail, foreign and domestic) all kinds of petroleum products, LPG and natural gas. Co. runs its business through the refineries in Izmit, Izmir, Kirikkale and Batman.

Provider
BGC Partners
BGC Partners

BGC has been one of the major market players in Turkish OTC debt, FX and swaps markets since 1998.

We started offering corporate finance and investment banking services to our clients in 2013. We offer a complete range of financial services to help our clients achieve their goals. Our main areas of activity within investment banking are as follows:

  • Mergers & Acquisitions
  • Equity Capital Markets
  • Debt Finance & Advisory

Analysts
Ezgi Yilmaz

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