Distillate Prices Soar On The Back Of Refinery Issues And Expensive Crude
Distillates prices have soared in recent weeks on the back of lower refinery utilization rates and rising Brent crude prices.
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Distillates prices have soared in recent weeks on the back of lower refinery utilization rates and rising Brent crude prices.
The Commodity Futures Trading Commission, under a reconstituted Commission, is signaling a new era of aggressive enforcement of the Commodity Exchange Act. Significant...
Happening, but i don't want it to happen". let's take a look at one of the oil benchmarks — brent crude — over the past decade it topped $96 a barrel earlier today, a level it hasn't reached since october 2014. all this means higher prices at the pumps. here in the uk, petrol reached a record £1, 48 pence per litre — that's two dollars — over the weekend, while diesel hit more than 151p last week. and there are fears prices could rise further. i think we could well see record petrol and diesel prices being set on a daily basis over the coming weeks due to the tensions. retailers will ...
TOKYO (Reuters) - Oil prices held near multi-year highs on Monday, underpinned by an improved outlook for demand as increased COVID-19 vaccinations help lift travel curbs. Brent crude was up 14 cents, or 0.2%, at $72.83 by 0123 GMT. It rose 1.1% last week and hit the highest since May 2019 of $73.09 on Friday. U.S. West Texas Intermediate was also up 14 cents, or 0.2%, at $71.05 a barrel, after reaching the highest since October 2018 at $71.24 on Friday and rising 1.9% on the week. Vehicle traffic is returning to pre-pandemic levels in North America and much of Europe and more planes are ...
Subscribe on LinkedIn to be notified of each new Daily Update—a curated selection of essential intelligence on financial markets and the global economy from S&P Global. Former Vice President Joe Biden will be inaugurated as the 46th U.S. president today as the country surpasses 400,000 deaths due to COVID-19. President Biden’s first 100 days in office—a notable period for new U.S. leaders to turn their political promises into policies and define a governing style—will be marked by a plethora of executive orders addressing the coronavirus pandemic’s public health and economic impli...