According to the International Energy Agency's latest monthly report, refining margins surged to four-year highs in early July as product markets tightened even while crude prices tumbled.

Renewed U.S.-Iran strikes have revived the Middle East risk premium, lifting Brent above $76 as traffic through the Strait of Hormuz slows and supply disruption fears return.

US-Iran ceasefire lowers crude prices, but Ukraine strikes keep refined fuel costs high. New all-time high for crude by December 31 at 14.5% YES.

According to the International Energy Agency's latest monthly report, refining margins surged to four-year highs in early July as product markets tightened even while crude prices…

Surging crude prices spark worries over fuel costs and delayed rate cuts

Refining margins have surged to record highs as crude prices have fallen while gasoline, diesel, and jet fuel remain scarce, creating one of the most profitable environments…

Oil prices climbed to their highest level in four weeks on Tuesday after the United States reinstated a naval blockade on Iran and intensified military strikes, while Tehran…

Brent crude nears $85 a barrel amid renewed hostiles between Washington and Tehran.

Brent crude nears $85 a barrel amid renewed hostiles between Washington and Tehran.

Oil prices climbed to multi-week highs as renewed U.S.-Iran tensions and concerns over Strait of Hormuz shipping disruptions revived the geopolitical risk premium.

Brent crude surged 9.59% over two days to $83.30 as US-Iran military escalation and Strait of Hormuz tanker attacks reignited global supply disruption

Brent oil prices shift to backwardation amid US-Iran tensions. Crude oil reaches a new all-time high by December 31 at 14.5% YES.

Oil prices rise amid US-Iran tensions with strikes on energy sites. Crude oil reaching a new all-time high by December 31 at 12.5% YES.