
Oil Plunges Below $96, Yet Gas Stays Elevated: Refiners' Profit Margins Hit 2-Year High
Crude oil fell below $96/barrel while gas prices climbed to $4.56/gallon, creating exceptional refinery margins. The 3-2-1 crack spread hit $56.22/barrel, highest since June 2022.
DINOVLOMPCPSXCRAKenergy sectorcrude oil