Last week, the premium of Brent over WTI dropped to its lowest level in months. This recent fall is part of a downward trend that could have a negative effect on oil refineries including Valero Energy (NYSE:VLO) and Marathon Petroleum…
The price of oil is climbing back to the $100 mark. The recent developments in the oil market might push oil prices to hover over $100 in the near future. Let’s examine the recent developments in the oil market and…