Refinery Bottlenecks, Not Just Mideast Supply, Drive US Pump Prices Higher
According to Barron's, published via TradingView, US oil price gains stem from refining shortfalls that strain household budgets and could slow growth.
1 source · Barron's
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Brent rises to $110, highest since May, as Middle East strikes intensify
Brent crude climbed 3.7% to $110 a barrel, its highest since May, while Donald Trump waived sanctions tied to the Graham Act on national interest grounds.
2 sources · Moody's
Trump waives Russia energy tariffs and sanctions as crude hits five-month high
Trump waived new Russia sanctions and tariffs under the Graham Act, while WTI and Brent rose to multi-month highs, per Stocktwits.
1 source · Stocktwits
Brent climbs above $110, its highest since May, as WTI breaks $100
Brent rose to $110 a barrel and WTI topped $100 as Middle East shipping risks and Ukrainian refinery strikes tightened supply, per Seeking Alpha.
1 source · Seeking Alpha
US Stocks Slide as Credit Worries Weigh on Tech Sector
US indexes finished the week lower as the Nasdaq fell 2.14% amid concerns over CoreWeave's debt load and rising borrowing costs.
2 sources · Dow Jones Newswires
US crude rebounds past $100 a barrel, first time in a month
WTI futures gained 3.5% to settle above $100 for the first time in a month amid Hormuz shipping attacks and fears the Russia-Ukraine energy truce is collapsing.
2 sources · Dow Jones Newswires, TradingView
Oil Climbs Above $100 as Ukrainian Strikes on Refineries Add to Hormuz Worries
Brent settled near $110 and WTI rose above $100 as Ukraine hit Russian refineries and shipping risks grew, even as the IEA expanded its emergency stock release.
2 sources · Dow Jones Newswires
Asian gasoline margins nearly halve as Chinese fuel exports resume
According to TradingView, Asian gasoline refining margins fell from an early-October record after Chinese refiners resumed fuel exports and eased supply worries.
2 sources · Reuters
Fuel oil market stays tight as Hormuz and Russian supply losses persist, Vitol says
Vitol's Asia head says renewed Hormuz hostilities and attacks on Russian refineries keep high-sulphur fuel oil premiums elevated while bunker demand stays firm.
1 source
Oil slips as traders weigh easing US curbs on shadow tanker fleet
Brent and WTI dipped early Friday as markets balanced possible US relief for shadow-fleet tankers against escalating Middle East and Yemen tensions.
1 source