New Zealand Refining shares rose 40c to $3.80 after the operator of New Zealand's only oil refinery said it operated at full capacity in July and August.Throughput at the Marsden Point refinery for the two-month period was 6.8 million barrels.The company
New Zealand Refining shares rose 40c to $3.80 after the operator of New Zealand's only oil refinery said it operated at full capacity in July and August.
Throughput at the Marsden Point refinery for the two-month period was 6.8 million barrels.
The company said refining margins were healthy over the period but it would be premature to see this as an indication of sustained recovery.
The average gross refinery margin generated for the two-month period was $US7.17 ($NZ9.83) per barrel.
