Random outage causes a loss of 11m barrels of fuel a day. The facility was probably running above capacity and broke. Crack spreads are going to scream.🛢️📈 #FuelShortage #CrackSpreads #OilMarket #Therearenospecificcountriesmentionedinthetweet.
Random outage causes a loss of 11m barrels of fuel a day. The facility was probably running above capacity and broke. Crack spreads are going to scream.🛢️📈 #FuelShortage #CrackSpreads #OilMarket #Therearenospecificcountriesmentionedinthetweet.
Crack spreads are already rising at the start of the week. Either the refineries are increasing their margin to price gouge or input costs are rising in a way that Brent spot prices aren’t reflecting. 🛢️ #CrackSpreads #RefineryMargins #BrentPrices #Nospecificcountrycodesarereferencedinthetweet.