62
Markets2h 7m ago

Refining margins surged to four-year highs in early July as product markets tightened even while crude prices tumbled.

Global

Who
International Energy Agency
What
Refining margins surged to four-year highs in early July as product markets tightened even while crude prices tumbled.
When
Mon, 13 Jul 2026 14:17:48 GMT · 2h 7m ago
Where
Global ·
Why
Renewed Iran tensions could keep fuel prices elevated.
The Frontline Impact

How this affects you

Refining margins reached a four-year high in early July due to product market tightening, despite falling crude prices. This suggests sustained elevated fuel prices.

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