Total Refining Margins Rise $TOT $USO

French oil company Total, Europe’s biggest refiner, said refining margins in the region had risen to a 2-1/2 year high in the first quarter of the year 2015.

Total’s European refining margins indicator (ERMI) rose to $47.1 per tonne in the first quarter of 2015 from $27.5 in the previous quarter.

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