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Tuesday, August 18, 2026 · 41989 stories tracked

Refining & Markets

WTI Crude $84.16 -0.34 Brent Crude $90.94 +0.07 ULSD (Diesel) $4.29 -0.15
Latest Brief · Aug 18

US diesel crack tops $100 a barrel for the first time as Iran tensions lift crude

The US diesel crack spread topped $100 a barrel this week, the first time it has ever done that. For anyone buying distillate to resell, the refiner's cut between crude and diesel just hit a level with no precedent, and it landed…

Weekly Brief · Jul 13

Brent tops $79 and WTI hits $74.36 after U.S. strikes on Iran and a Hormuz closure claim

Crude jumped about 4% in Asian trading Monday after U.S. strikes on Iran over the weekend. Brent topped $79 a barrel, its highest in more than three weeks. WTI rose 4.13% to $74.36. Iran also claimed the Strait of Hormuz is…

Refining & Markets, the wire

Refining is where crude becomes fuel, and its economics ripple straight to the rack and the pump. This section follows crude benchmarks, refinery runs, and the crack spread that signals how hard refiners will run.