Question: Calculate the refining margin for CRUDE X which has a cost of $ 9 9 . 7 5 per barrel. The refining cost for this

Calculate the refining margin for CRUDE X which has a cost of $99.75 per barrel. The refining cost for this crude is $4.50 per barrel. ComponentCRUDE X Refined Value ($/bbl) Crude Value Yield, US /bbl)10%3831%%510%12615%13012599 Fuel Gas Motor Gasoline Unfinished Gasoline Jet Fuel Diesel Fuel Unfinished Diesel Fuel Asphalt Fuel Oil Other Gross Revenue Cost of Crude Refining Costs Profit per barrel of Crude 6552100%-3.65 per barrel 2.65 per barrel 3.65 per barrel 5.00 per barrel

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