Dossier
refining margins
Coverage of refining margins in the Nexus archive.
- Chevron posted its highest profit in six years as the Iran war boosted oil prices
Chevron reported its highest profit in six years with adjusted earnings of $12 billion, driven by increased oil prices due to the Iran war and higher refining margins. The results exceeded analyst estimates by 50 cents per share.
- US Drivers Are Feeling the Global Diesel Squeeze
US drivers are experiencing a global diesel shortage as refining margins approach record levels, causing processors to prioritize diesel production over gasoline.