据普氏能源资讯1月15日报道称，综合石油公司的炼油利润数据表明，从各大公司宣布2018年第四季度的财务业绩中可以看到，下游业务几乎没有得到缓解。

在2014年油价暴跌之后，炼油被视为是石油公司的一个亮点，但本周奥地利OMV和法国道达尔公布的数据以及本月早些时候BP石油公司的数据显示，在经过一段时间的疲软后炼油业务并未得到预期的缓解，特别是大西洋地区的汽油利润率。

道达尔周二发布的欧洲炼油利润率指标是欧洲市场的一个缩影，该指标在第四季度下跌至29.1美元/吨，低于第三季度的39.9美元/吨和2017年第四季度的35.5美元/吨。

该公司在一份交易声明中称，虽然第四季度布伦特原油价格较去年同期走高，但道达尔自己的上游液体平均价格小幅下跌至57.2美元/桶，低于 2017年第四季度的57.6美元/桶。

服务于欧洲中部，南部和东南部的OMV公司周一发布的最新数据显示，炼油业务存在类似的疲软，2018年第四季度的利润率指标为5.24美元/桶，低于上年同期的5.68美元/桶和第三季度的5.69美元/桶。

徐蕾 摘译自 普氏能源资讯

原文如下：

Weak refining conditions set to weigh on oil companies' Q4 financial results

Integrated oil companies' refining margin data suggest little relief in the downstream segment when companies announce financial results for the fourth quarter of 2018.

Refining was seen as a bright spot for oil companies after prices crashed in 2014, but updates from Austria's OMV and France's Total this week and data from BP earlier in the month suggested that cushion is not what it was following a period of weakness, particularly for Atlantic region gasoline margins.

Total's European Refining Margin Indicator, a snapshot of the European market published Tuesday, fell to $29.1/mt in the fourth quarter, down from $39.9/mt in the third quarter and from $35.5/mt in Q4 2017.

While Brent crude prices were higher in the fourth quarter than a year earlier, Total's own average upstream liquids price was slightly down at $57.2/b, compared with $57.6/b in Q4 2017, it said in a trading statement.

An update Monday from OMV, which serves central, southern and southeast Europe, showed similar weakness in refining, with a margin indicator of $5.24/b in the fourth quarter of 2018, down from $5.68/b a year earlier and $5.69/b in the third quarter.