Israels Oil Refineries Q1 profit falls, refining margins up
17.05.2019
MOSCOW (MRC) -- Israel's Oil Refineries (ORL) reported lower quarterly net profit, saying timing differences on the value of its inventory offset higher refining margins, said Hydrocarbonprocessing.ORL, Israel's largest refining and petrochemicals group, earned ÃÛÂ63 million in the third quarter, down from USD74 million a year earlier.Its adjusted refining margin was USD7.7 a barrel in