Refiner profit margins for making diesel from crude oil in the US soared to a new all-time record Tuesday, rising above $103 a barrel as the global crunch for the ubiquitous fuel showed few signs of abating.

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with refinery issues in the Great Lakes fading, gasoline prices are starting to fall. MI prices down 18c/gal from a week ago, OH -16c/gal, WI -10c/gal, IN -10c/gal, IL -9c/gal. diesel prices remain a bit sticky yet, but they will start falling in these states soon

Moscow Refinery Hit as Russia Reports Largest Drone Attack Several drones struck the territory of the Moscow refinery, damaging a facility at the site, Mayor Sergei Sobyanin said, without elaborating. Nobody was hurt and emergency services were working at the scene, he said in a post on Telegram. Oil producer Gazprom Neft PJSC owns the refinery, located about 25 kilometers (16 miles) from the Kremlin. It has a processing capacity of about 245,000 barrels a day and is one of the key fuel suppliers for the capital region. (Bloomberg)