The Strait of Hormuz temporary shipping corridor is expected to lower oil prices, but diesel crack spreads remain elevated and US refined product inventories continue to decline, with geopolitical easing unable to ease structural refining capacity tightness.
Jin1008/27, 09:27 AM
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Jin1008/27, 01:18 PM
FirstSquawk08/27, 07:18 AM
Oil prices fell amid expectations for the Strait of Hormuz to reopen.