US EditionUS refiners’ first-quarter profits expected to jump as war lifts fuel margins - Regional Media News
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US Refiners' First-Quarter Profits Expected to Jump as War Lifts Fuel Margins - Energy News, Top Headlines, Commentaries, Features & Events
The Valero Refinery in Wilmington is shown from Signal Hill, California, U.S., January 14, 2026. REUTERS/Mike Blake/File Photo Purchase Licensing Rights, opens new tab Summary Diesel, jet fuel margins surged after Strait of Hormuz closure disrupted supply Phillips 66, Valero, and Marathon Petroleum expected to post higher quarterly profits Analysts expect strong fuel margins to boost refiner ...
US refiners’ first-quarter profits expected to jump as war lifts fuel margins - Regional Media News
By Nicole Jao NEW YORK, April 27 (Reuters) - Top U.S. independent refiners are expected to report stronger first-quarter results than a year ago, helped by supply disruptions tied to the war in the Middle East that drove fuel margins to multi-year highs. Refiners came out of the first quarter with diesel and jet fuel margins sharply higher than at the start of the year, following the February 28 start of the U.S.-Israeli attacks on Iran that led…
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