Houthis, Red Sea and Saudi oil
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Crack spreads have hit record highs, keeping gas and diesel prices elevated. See why refiners like Marathon and Valero are surging.
The war with Iran is bad news for the global economy, but it’s lifting the fortunes of most energy stocks, led by oil refiners, according to a set of ETFs.
Gallo Partners' Michael Alfaro argues refining has become the oil market's key bottleneck as attacks on processing infrastructure across multiple conflicts squeeze fuel supplies. He says an attack on Saudi Arabia's East-West Pipeline would represent a significant escalation,
U.S. oil refiners are about to report a historic profit surge as the industry takes advantage of supply disruptions.
Ukraine's military launched drone attacks on various Russian regions overnight on July 23, striking an oil refinery and logistics infrastructure, Russian Telegram media channels reported, citing
OilPrice.com on MSN
Global Refiners Are Cutting Out Oil Traders To Buy Venezuelan Crude Directly
By selling directly to refiners and joint-venture partners, Venezuela captures higher realized prices while reshaping crude trading flows and Gulf Coast refining economics.
Dubai ― U.S. missiles struck targets across Iran, reaching as far as its Caspian coast, on Friday after President Donald Trump vowed "major military punishment" for Tehran and its Houthi allies in Yemen for extending the Middle East war to a second major shipping chokepoint,