![Global gasoline cracks collapse, blow to refiners' profits- oil & Gas 360](https://www.oilandgas360.com/wp-content/uploads/2022/07/gasoline-cracks-150x150.jpeg)
Global gasoline cracks collapse, blow to refiners’ profits
US News A sudden crash in global gasoline prices in the past two weeks has dented refiners’ profits, pushing up inventories in key trading hubs around the world while looming exports from China and India also add to pressure on growing stockpiles. Refiners will be forced to cut gasoline output to safeguard themselves against losses and switch to producing