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High margins have been launching U.S. refiners into a “golden age”, and Marathon is no exception, with a refining unit profit margin increase of over $5 per barrel year-over-year
Crude prices are holding well above $100 per barrel, walking a tightrope between bearish covid news from China and a looming EU ban on Russian crude oil imports
Russia’s war in Ukraine is believed to be contributing to a growing crisis over soaring food prices and food insecurity
Uncertainty and volatility remain the two buzzwords in today's oil markets as the demand destruction caused by Covid lockdowns in China counter the supply risk of a Russian oil ban
After last week’s decline, oil prices have started to pick up again on the back of hopes for Chinese demand rebounding soon