Refining crack spreads have risen to nearly 60, while the war-related premium in crude oil has been declining, but the tight balance in refined products has not eased at the same pace.
According to Jin10, the main disagreement in the current crude oil market centers on the tug-of-war between restocking demand and a surge of supply.
Refining Crack Spreads Near 60 as Oil War Premium Eases, Tight Fuel Balance Persists
2026-07-02 03:33:05
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