51.   Prices for crude oil, the raw material for refined products, fell faster than retail prices for gasoline and other fuels.

52.   Refined product futures also rebounded from steeper declines, though they still were lower.

53.   Refiners have been hit by the double whammy of intense competition from new and expanded refineries and the shipment of surplus refined products from outside the region.

54.   Refined product prices also pared early gains.

55.   Refined product prices also soared.

56.   Refining margins are difference between the cost of a barrel of crude oil and price at which refined products can be sold.

57.   Refining margins are the difference between the cost of a barrel of oil and the price at which the refined products made from it can be sold.

58.   Refined product prices also slumped.

59.   Refined product prices fell as well.

60.   Right now, Britain has a glut of refined products, which get exported to the European continent and to the U.S.