Global refining margins for gasoline and diesel have surged to record highs as geopolitical tensions, Russia's diesel export ban, and low fuel inventories tighten fuel supplies worldwide.

Global refining margins have hit record highs, greatly benefiting producers. Yet, while fuel prices remain elevated due to tight inventories, this lucrative period for refiners…

Global refining margins for gasoline and diesel have surged to record highs as geopolitical tensions, Russia's diesel export ban, and low fuel inventories tighten fuel supplies…