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Fresh attacks on Saudi Arabian energy facilities have driven crude oil prices toward $100 a barrel. With diesel crack spreads at record highs, analysts warn that rising fuel costs threaten to trigger…
Escalating Middle East conflicts and Ukrainian drone strikes on Russian refineries have driven diesel crack spreads to record highs. Disruptions to Russian exports and shipping through the Strait of …
ADNOC has restored its 922,000-barrel-per-day Ruwais refinery to full operating capacity after earlier drone strikes halted operations. The restart boosts global supplies of diesel and jet fuel, prov…