https://www.steelldy-indices.com Over several weeks, financial markets have gradually become convinced that the crisis in the Strait of Hormuz is in…
Executive Summary Transition risks under 2°C pathways (IEA NZE/APS equivalents) drive structural demand destruction for refined products, compressing refining margins…
Executive Summary The 3:2:1 crack spread serves as a primary proxy for gross refining margins, calculated as: 3:2:1 Crack Spread=2×PGasoline (bbl)+1×PDistillate/Heating Oil (bbl)−3×PCrude (bbl)3\text{3:2:1 Crack Spread}…
The convergence of physical, behavioral, and microstructural signals confirms that Europe, and particularly France, has entered a regime of asynchronous…
https://twitter.com/AlmaANET25/status/2041782097908789395 IATA Director General Willie Walsh warning that jet fuel supply restoration in the Middle East will require months even…