A crack spread is a critical, real-time indicator for estimating refinery and petrochemical business interruption exposure. By comparing crude oil input prices with refined product values, a crack ...

MPC remains a beneficiary of surging crack spreads due to the Iran War, driving windfall profits and strong Q1 results. Read ...

A drone strike hit oil infrastructure in Bahrain’s Ma’ameer industrial area, according to multiple early reports Thursday morning, raising concerns about the vulnerability of Gulf refining assets as ...

Dangote Petroleum Refinery & Petrochemicals yesterday laid bare the cost of its crude oil purchase, insisting that products sourced locally and international by the refinery are paid for in dollars ...

After initially reducing the price of fuel to ₦1,075 per litre, Dangote Refinery has now activated another upward price adjustment. According to reports, on March 13, 2026, Dangote Refinery added 100 ...