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S-Oil optimistic on margins as Shaheen project nears startup

S-Oil expects Asian refining margins to remain firm in 2H 2026 as Shaheen project nears startup.

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Editorial Team
August 3, 2026
1 min read
4min ago South Korea's S-Oil expects Asian refining margins to remain firm through the second half of 2026, while preparing to bring its long-awaited... Please Register or Sign in to view this content. Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon, ammonia and hydrogen markets. Quantum Oil service subscribers have access to: Daily price assessments Market news and price commentary Fundamental trade data Quantum Oil Daily - market report sent to your email Get in touch with us for subscription information on all Quantum platforms, or help with the service. Related 22 Jul 2026 South Korea has approved a major restructuring of its largest petrochemical hub in Yeosu that will eventually idle two ethylene production... 24 Jun 2026 South Korea is expected to postpone restructuring plans for its struggling petrochemical sector until at least late this year or early 2027, as... 11 May 2026 South Korea's S-Oil expects regional refining margins to remain strong through the second quarter as Middle East supply disruptions... 24 Oct 2025 Petrochemical crackers in South Korea have struggled to reach a consensus on the plan to cut capacities as new facilities are set to enter service...

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