Refiner Profits Are Soaring
A perfect storm of constrained global refining capacity and resilient post-pandemic fuel demand has pushed U.S. refining margins to historic highs. This profitability surge marks a dramatic turnaround
Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
A perfect storm of constrained global refining capacity and resilient post-pandemic fuel demand has pushed U.S. refining margins to historic highs. This profitability surge marks a dramatic turnaround
The partial recovery of OPEC's crude output in June highlights the cartel's struggle to stabilize global markets following severe geopolitical disruptions in th
The Strait of Hormuz remains the ultimate geopolitical wild card for global energy markets, rendering long-term oil price forecasting highly speculative. As a p
In an unprecedented turn of events, Russia is resorting to importing aviation fuel from Asia to stave off domestic shortages, highlighting severe structural vul
The Trump administration has escalated its political campaign against rising domestic fuel costs by formally directing the Department of Justice to coordinate w