Refining the Chaos. The Energy Report 09/02/2026

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Refining the Chaos. The Energy Report 09/02/2026

blog.pricegroup

4 weeks ago

130 views

Hey Mr. Refiner, could you spare us some capacity please.
As President Trump appeals to refiners large and small, energy markets are pulling back this morning after Tuesday’s explosive rally, when crude reached its highest level since late July and diesel crack spreads set a record. The retreat should not be mistaken for calm. Overnight the war in the Strait of Hormuz flared again, and the market is still pricing the possibility that Tehran tries to keep this going.
Tuesday, WTI jumped more than...

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