Refining margins hit record highs as U.S.-Iran standoff squeezes fuel supply
Refining margins for diesel and gasoline have climbed to record or near-record levels even as crude oil trades around $90...
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
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70.091
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Trump Announces New Economic Operation Against Iran as Ukraine Strikes Russian Oil Sites
President Trump has announced a new economic operation against Iran while Ukraine struck two Russian oil sites overnight, adding a...
Oil’s futures curve slips into backwardation as diesel cracks hit $100 a barrel
Oil's futures curve has swung into backwardation, with near-term contracts trading above longer-dated ones as diesel margins hit historic highs....
Oil Nears $90 as Tight Refining Capacity Squeezes Diesel Prices
Crude climbed further, pushing oil back toward the $90 level, while pump prices have yet to catch up. The report...
Ukraine strikes major oil refinery and terminal, extending deep-strike campaign on Russian energy
Ukraine struck a major Russian oil refinery and a smaller oil terminal overnight, extending a campaign aimed at cutting the...
