Delta Air Lines’ Trainer oil refinery has posted a $106 million record profit for the third quarter 2015, compared to a $19 million profit in the year-ago period. The refinery produced over 40,000 barrels per day of jet fuel at the plant during the quarter. The result was attributed to the lower crude oil cost, a favorable crack spread environment and increased throughput. The refinery expects $30 million profit in the fourth quarter.
Delta’s Trainer oil refinery
Delta Air Lines’ Trainer oil refinery has posted a $106 million record profit for the third quarter 2015, compared to a $19 million profit in the year-ago period. The refinery produced over 40,000 barrels per day of jet fuel at the plant during the quarter. The result was attributed to the lower crude oil cost, a favorable crack spread environment and increased throughput. The refinery expects $30 million profit in the fourth quarter.