What was the percentage increase and absolute change in Ampol's Lytton refinery refining margin in the second quarter compared to the same period last year?

Ampol reported a 255% jump in second-quarter refining margins at its Lytton refinery, rising to $30.93 per barrel from $8.71 per barrel a year earlier.

What key geopolitical and operational factors did Ampol identify as drivers of its improved refining margins in the second quarter?

Ampol attributed the surge in refining margins to higher oil prices linked to the Middle East conflict and disruptions to shipping through the Strait of Hormuz; it noted the prolonged closure of the Strait tightened crude supplies to Asian refiners, reduced refinery activity, and drove up refined fuel margins due to product shortages.

Ampol's Lytton quarterly refining margin more than triples on higher oil prices

Jul 29, 2026

Ampol's Lytton refinery margins surged 255% in Q2 due to higher oil prices linked to Middle East conflicts. The retailer expects first-half operating profit to triple to A$1.35 billion amid tightened crude supplies from the Strait of Hormuz.

reuters

2026-07-29

Ampol's Lytton quarterly refining margin more than triples on higher oil prices

2026-08-23

Ampol Posts Near Five-Fold Profit Surge as Iran War Boosts Refining Margins

Ampol's Lytton quarterly refining margin more than triples on higher oil prices

FAQ