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Turning Oil to Fuel Has Never Been More Profitable as Refining Margins Surge

Bloomberg Markets·July 16, 2026·1 min read

Profit margins for US refiners making gasoline and diesel from crude oil are shattering records, as fuel supply disruptions driven by war lift prices for refined products. This surge makes turning oil to fuel more profitable than ever, according to recent data. The trend reflects ongoing geopolitical tensions affecting global energy markets and refining operations.

Read at Bloomberg Markets
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