Refining & Markets
Latest Brief · Oct 24
DOE taps SPR for 400,000 barrels to Phillips 66 Lake Charles as crude tops $117
The Energy Department on Friday authorized an emergency exchange of up to 400,000 barrels from the Strategic Petroleum Reserve to keep crude flowing to Phillips 66's Lake Charles refinery, which is dealing with a temporary…
Weekly Brief · Oct 19
WTI near $100 and Brent $107.84 after Trump-Putin diesel deal eases supply fears
Crude is expensive, and the dip this week does not change that. WTI opened the week at $100.29 a barrel and Brent at $107.84, both slipping on hopes that a deal between Trump and Putin would push more diesel into the market. The…
Refining & Markets, the wire
- Shanaka's Oil & Gas Letter - Issue 02 - Brent's $33 Premium Collapsed. East Coast Diesel Stocks Hit a Record Autumn Low. Shanaka Anslem Perera | Substack
- Houthis Claim Strikes on Rabigh Refinery and East-West Pipeline https://houseofsaud.com/
- The Americas Are the New Oil Growth Engine: +1.66 Million Barrels a Day in 2026 as OPEC Output Falls 5.4 Million Energy News Beat
- Record Tanker Rates Cripple U.S. Crude Oil Flows to Asia OilPrice.com
- "Houthis targeted airports, refineries across Saudi Arabia": Military spokesperson Yahya Saree; warns airlines against resuming operations ANI News
- WTI Crude Tops $103 and Brent Settles at $116.72 After Houthi Strikes on Saudi Arabia - the Oil Setup for Fed Week FinanceFeeds
- Global crude oil prices hit six-month high on Middle East conflict, fears of US strikes on Iran The Business Standard
- BPCL Q2 profit falls 21% as war-driven crude surge squeezes fuel margins NewsDrum
- Goldman Sachs Says Refiners See 'High Probability' Of Sharp Oil Supply Drop As Houthi Attacks Escalate — Crude Oil Prices Hit 6-Month High Yahoo Finance
- SOCAR's STAR refinery in Türkiye boosts diesel output by 19.4% in August Trend News Agency
- Iran’s new refinery pricing rules raise profitability concerns IranOilGas
- Brent rose to $116.72 per barrel, WTI to $103.27 — The Rio Times UA.NEWS
- Contract talks stall at Linden, NJ oil refinery, union says CBS News
- Egg-like stench in Richmond area traced to hydrogen sulfide from Chevron refinery Richmondside
- Senator Cramer urges Defense Production Act funding for North Dakota oil refinery WDAY Radio
- Middle East physical oil prices are falling while Brent crude soars to six-month highs Seeking Alpha
- National Gas Prices Fall to $4.27 as Crude Oil Climbs Toward $100 Clarksville Online
- U.S. Dips Into Strategic Oil Reserve Again Amid Supply Disruptions OilPrice.com
- Could problems at a Joliet refinery send gas prices even higher? NBC 5 Chicago
- Can A Bigger Superior Refinery Lower Gas Prices? Economists Say No Urban Milwaukee
- No New Contract Talks Scheduled As Phillips 66 Oil Refinery Lockout Continues News12 | New Jersey
- Gas prices spike in Northwest Indiana, Midwest due to Joliet Refinery issues nwitimes.com
- DoE authorizes 400K-barrel emergency SPR release for Phillips 66 Lake Charles refinery (PSX:NYSE) Seeking Alpha
- U.S. Stocks Fall as Oil Prices Hit Five-Month High WSJ
- Brent Tops $116 as Middle East Risks Grow Rigzone
- Brent crude tops $116 as traders price escalating Middle East conflict Yahoo Finance
- Teamsters locked out at Phillips 66 refinery in NJ The Militant
- Wall Street loses ground under pressure from rising oil prices, more swings for Big Tech stocks Orlando Sentinel
- DOE deploys defense funds to resuscitate U.S. refineries BIC Magazine
- 6 Million Barrels in Two Minutes Draws CFTC Scrutiny OilPrice.com
- refineries will be invested in US $150M Inspenet
- $120 Oil Is Almost Here, and Trump Has Few Good Options OilPrice.com
- US authorizes emergency release of up to 400,000 oil barrels from strategic reserve Reuters
- Global Oil Price Hits $116 a Barrel, Highest Since April The New York Times
- Middle East Physical Crude Slides While Brent Hits Five-Month High OilPrice.com
- Brent Crude Jumped 4% to $113. Trump Is Throwing $150 Million at Refiners 24/7 Wall St.
- Oil Prices Rise as Inventory Draws and Middle East Tensions Support Crude FXEmpire
- Trump to use war-time law to fund expansions in US fuel supply Quantum Commodity Intelligence
- Tiffany floats expansion of Wisconsin’s oil refinery to reduce reliance on Middle East WPR
- EIA: U.S. refiners have run harder in 2026 as tight diesel supplies boost margins Hydrocarbon Processing
- 3 European Utility Stocks With Pricing Power as Gas Prices Rise Yahoo Finance
- Week in Review – Oil Prices Hit Five-Month Highs Despite Recovery in Middle East Exports Mansfield Energy Market News
- Why Washington Eyes Jamnagar: Reliance Mega Refinery, Venezuelan Crude & Global Oil Diplomacy - India Today India Today
- U.S. Energy Department to use Defense Production Act funding to restart american refinery and expand refining capacity Hydrocarbon Processing
- The Hidden $40-Per-Barrel Cost Driving Oil Prices Higher OilPrice.com
- With Diesel Margins Stretched, Production Is Underway at Nevada’s Only Crude Oil Refinery The Manila Times
- Valero’s Refining Margins Nearly Tripled. These 3 Dividend Stocks Could Benefit 24/7 Wall St.
- ONEOK And 2 Other Top Pipeline Stocks Yahoo Finance
Refining is where crude becomes fuel, and its economics ripple straight to the rack and the pump. This section follows crude benchmarks, refinery runs, and the crack spread that signals how hard refiners will run.