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AAP
AAP
Business
Kaaren Morrissey

Refinery owner reaps profit boost from Middle East war

Ampol Lytton Middle East Viva Energy
Ampol's Lytton Refinery has experienced a huge increase in its profit margin. (Darren England/AAP PHOTOS)

The owner of one of Australia's two oil refiners has warned that the crisis in the Middle East is continuing to drive the cost of "black gold" higher.

As a result, Ampol's Lytton refinery in Brisbane has experienced a huge increase in its refiner, or profit, margin in the first quarter of its financial year.

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