Refiner Profits Are Soaring in Sign of Lingering Hormuz Snarls
US crude refiners are enjoying some of the best profit margins in years, the latest sign that even as energy shipments pick up through the Strait of Hormuz, there are...
By Will Kubzansky · Bloomberg Markets
US crude refiners are enjoying some of the best profit margins in years, the latest sign that even as energy shipments pick up through the Strait of Hormuz, there are lingering supply-chain kinks still rippling through global markets.